Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F23%3AA0000415" target="_blank" >RIV/47813059:19520/23:A0000415 - isvavai.cz</a>
Result on the web
<a href="https://sciendo.com/article/10.2478/sbe-2023-0012" target="_blank" >https://sciendo.com/article/10.2478/sbe-2023-0012</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.2478/sbe-2023-0012" target="_blank" >10.2478/sbe-2023-0012</a>

Result language
angličtina
Original language name
Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic
Original language description
The study assesses the determinants of the financial stability of the Czech commercial insurance companies within the period 2004-2019. The eight macroeconomic determinants of the financial stability of insurance are analysed for both insurers, i.e., with predominated life and non-life insurance. The generalized method of moments is used for empirical analysis. The results show four macroeconomic variables were statistically significant determinants of financial stability in the case of non-life insurers and three determinants influenced the financial stability of life insurers. The study concludes that the determinants of the financial stability of non-life insurers were different that in the case of life insurers. Moreover, the impact of several determinants is also different in case life and non-life insurers in the Czech Republic.
Czech name
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Czech description
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Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50206 - Finance

Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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