Credit Insurance, Fluidization Level of Exchange of Goods

Gotcu Cezar Augustin Vasile ()

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 850-854

Abstract: Credit insurance activity appeared on the market as a result of the phenomenon of overlapping of the activities conducted by the financial institutions with those of insurance, by which the insurers take over the risks of financial losses from the banks, as a result of an analysis that would allow them to define the dimensions of risk, the probability of producing it. By concluding the insurance contract for credit risk, the insured transfers to the insurance company the risk of non-payment of amounts owed by the buyer, due to a precarious situation of the buyer or not knowing enough of the buyer or special circumstances existing in the importer country (different regulations of some economic phenomena, conflicting states, war, embargoes on products , border protection regime) .

Keywords: risk; debts; insurance; credit . (search for similar items in EconPapers)
JEL-codes: G22 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumate2011p1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:11:y:2011:i:1:p:850-854

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().