PORTFOLIO DIVERSIFICATION AND MARKET SHARE ANALYSIS FOR ROMANIAN INSURANCE COMPANIES
Cosmin Iuliu Serbǎnescu and
Daniel Traian Pele ()
Additional contact information
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.
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)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Ebook Access is available upon purchase.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789812770745_0012
Ordering information: This item can be ordered from
Access Statistics for this chapter
More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().