Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic
Identifikátory výsledku
Kód výsledku v 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>
Výsledek na webu
<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>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic
Popis výsledku v původním jazyce
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.
Název v anglickém jazyce
Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic
Popis výsledku anglicky
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.
Klasifikace
Druh
J<sub>SC</sub> - Článek v periodiku v databázi SCOPUS
CEP obor
—
OECD FORD obor
50206 - Finance
Návaznosti výsledku
Projekt
—
Návaznosti
S - Specificky vyzkum na vysokych skolach
Ostatní
Rok uplatnění
2023
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Studies in Business and Economics
ISSN
1842-4120
e-ISSN
—
Svazek periodika
18
Číslo periodika v rámci svazku
1
Stát vydavatele periodika
RO - Rumunsko
Počet stran výsledku
13
Strana od-do
218-230
Kód UT WoS článku
—
EID výsledku v databázi Scopus
2-s2.0-85159869714