Penetration and Insurance Density Market in Romania Compared to other Countries in the European Union

Maria Mirabela FLOREA Ianc
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Maria Mirabela FLOREA Ianc: Constantin Brâncuşi University of Tg Jiu, Romania

Economics and Applied Informatics, 2016, issue 2, 96-100

Abstract: Romania has one of the lowest values in the European Union insurance density. As in the case of insurance penetration, there has been downward for the period 2008-2014, not only for Romania, but for most member countries. In 2014 this indicator fell to 91.2 for Romania EUR / Living. Decreasing trend of the penetration of insurance in the Romanian economy continued in 2014, reaching a value of 1.21% of GDP. This unfavorable trend was common to many European countries, being equally the result of domestic economic environment and international situaţieifinanciare.

Keywords: Penetration; Insurance density; European Union (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2016:i:2:p:96-100

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