ASPECTS REGARDING PANDEMIC INSURANCE

Toader Monica Ioana () and Georgescu Diana Nicoleta ()
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Toader Monica Ioana: 1 Decembrie 1918 University of Alba Iulia, Romania
Georgescu Diana Nicoleta: Valahia University of Targoviste, Romania

Management Strategies Journal, 2021, vol. 51, issue 1, 197-203

Abstract: The development of the insurance segment plays an important role in the socio-economic system of Romania, participates in its stability and growth. The aim of the paper is to study the importance of insurance in Romania, which are considered as the main types of insurance, as well as the development trends of this product. The relevance of this topic is due to the need to support the internal insurance system, especially during the period of exposure to COVID-19. The scientific novelty of the article consists in the analysis of the current state of the life insurance segment in the context of the global economic crisis caused by the pandemic. Conclusions are made on the main problems faced by insurance companies in modern socio-economic conditions, measures are proposed to minimize the negative consequences, as well as options for the development of the segment.

Keywords: insurance; socio-economic; pandemic; development; covid-19 (search for similar items in EconPapers)
JEL-codes: M10 M20 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:51:y:2021:i:1:p:197-203

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