THE AUTO MTPL MARKET IN A PRESENT CONTEXT

Maria-Elena Gheordunescu ()
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Maria-Elena Gheordunescu: "Constantin Brancoveanu" University of Pitesti, Faculty of Management Marketing in Economic Affairs Rm. Valcea, Romania

Contemporary Economy Journal, 2022, vol. 7, issue 3, 109-115

Abstract: An insurance policy is an essential aspect of modern life. Without an insurance policy, many elements of today's society and economy could not function.One of the most important insurances on the Romanian market is the compulsory car liability insurance, also called RCA(MTPL). It is an insurance through which third parties injured as a result of a car accident receive compensation for material damage and / or death or personal injury suffered in an accident. This paper aims to study what trends are on the Romanian MTPL car market and what changes this type of insurance has registered.Based on both the quantitative and the qualitative methods, the present paper is an exploratory research, aiming to highlight relevant information in the field.Car liability insurance remains a very important insurance policy on the Romanian insurance market.

Keywords: insurance; car insurance; motor third party liability insurance; MTPL; market (search for similar items in EconPapers)
JEL-codes: I15 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:7:y:2022:i:3:p:109-115

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