ANALYSIS OF RCA INSURANCE DURING 2010-2017

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

Management Strategies Journal, 2018, vol. 42, issue 4, 178-192

Abstract: Insurance, is a very important field but also a segment of commercial sales that have a permanent development. Currently, the RCA insurance market is going through one of the most chaotic periods of time confronting with various issues that that put under question its operation and evolution. The Romanian insurance market is characterized by the excessive addiction of the auto portfolio - auto insurance represents 74% of the total gross written premiums for general insurance and 60% of the total gross written premiums at the market level. Through the presented data, the present paper is focuses on the analysis of the evolution of the RCA insurance which is until now the only mandatory general insurance requirement imposed by the romanian state. To understand better, theoretical and practical information we used as methods of research synthesis, comparative analysis, classification.

Keywords: insurance; market; premium; RCA; damage; insurers (search for similar items in EconPapers)
JEL-codes: I15 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:42:y:2018:i:4:p:178-192

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