New perspectives on CESEE insurance markets
Bojan Srbinoski
Risk Management and Insurance Review, 2023, vol. 26, issue 4, 513-518
Abstract:
The insurance markets of Central Eastern and Southeastern Europe (CESEE) present a unique landscape characterized by intricate geopolitical and institutional dynamics. Despite being a relatively small region, the countries within CESEE navigate a complex political and institutional environment. The development of insurance markets across CESEE is marked by considerable disparities, reflecting diverse approaches to market reforms. Despite the markets being open, a lack of competition prevails, with a pronounced presence of multinational insurance groups and their foreign affiliates. This paper provides an update on current challenges in the region.
Date: 2023
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https://doi.org/10.1111/rmir.12255
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Persistent link: https://EconPapers.repec.org/RePEc:bla:rmgtin:v:26:y:2023:i:4:p:513-518
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