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Mihaela Dragotǎ, Cosmin Iuliu Serbǎnescu and Daniel Traian Pele ()
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Mihaela Dragotǎ: Bucharest University of Economic Studies, Romania
Cosmin Iuliu Serbǎnescu: Bucharest University of Economic Studies, Romania

Authors registered in the RePEc Author Service: Ingrid-Mihaela Dragota ()

Chapter 12 in Risk Management and Value:Valuation and Asset Pricing, 2008, pp 277-298 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe Romanian insurance market is very heterogeneous and, in this context, for the year 2005, three different insurance companies could be identified having together 50% from total gross written premiums. January the first was the starting point of future development, since Insurance Supervision Commission had already been informed on foreign insurers' intentions to provide financial services on this market. The main goal of this study was to analyze the determinants for the Romanian insurance companies' market share and its relationship with the degree of concentration and the most important finding was that the Romanian market is an oligopoly.

Keywords: Risk; Value; Management; Derivatives (search for similar items in EconPapers)
JEL-codes: G19 G21 (search for similar items in EconPapers)
Date: 2008
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