THE COMPETITIVITY OF THE LIFE INSURANCE MARKET IN ROMANIA

Radu Nicolae Giosan and Vasile Ilie ()
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Radu Nicolae Giosan: Bucharest Academy of Economic Studies

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 172-181

Abstract: This paper has the objective of investigating the competitivity status of the life insurance sector in Romania, which is based upon the insurers’ financial stability. First, we shall analyse the competitive structure of the life insurance market, respectively the determinant factors of the competition which lead to the formation of a tight oligopoly. In the following chapter, we shall examine, using the mathematic regression method, the competitivity status on the life insurance market in Romania through the evolution of the market concentration index Herfindahl Hirschmann HHI between the years 2001-2009. We shall formulate conclusions and give a prognosis of this indicator’s evolution.

Keywords: insurance; life insurance market; competitivity; HHI index; regression. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:172-181

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