Analysis of the concentration of non-life insurance markets for selected European countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F23%3A%230001078" target="_blank" >RIV/04274644:_____/23:#0001078 - isvavai.cz</a>
Result on the web
<a href="https://www.vsfs.cz/media/conference/fintrhy//ft_2023_sbornik.pdf" target="_blank" >https://www.vsfs.cz/media/conference/fintrhy//ft_2023_sbornik.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Analysis of the concentration of non-life insurance markets for selected European countries
Original language description
The aim of this contribution was to find out whether the concentration of the insurance market can be explained using another insurance or economic indicator. Data published by the Insurance Europe Association was examined. The research method used was correlation analysis. In the countries of Central and Eastern Europe, it was found that the concentration of the insurance market increases with the growth of the share of gross written premium of nonlife insurance in GDP and with the growth of average non-life insurance per capita. On the contrary, in the countries of Western and Northern Europe, it was found that the concentration of the insurance market does not correlate in any way with the share of gross written premium of non-life insurance in GDP or with the average non-life insurance premium per capita. A strong negative correlation was found between the concentration of the non-life insurance market and the total size of the non-life insurance market (expressed as total gross written premium of non-life insurance).
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Financial Markets 2023. The role of central banks in a high inflation environment
ISBN
9788074082696
ISSN
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e-ISSN
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Number of pages
11
Pages from-to
268-278
Publisher name
Vysoká škola finanční a správní, a.s.
Place of publication
Praha
Event location
Praha
Event date
Jan 1, 2023
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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