Development of the insurance sector and economic growth in countries in transition

The main focus of this article is on the insurance sector and economic development of countries in transition; while some of them have already become members of the European Union, others are still in the access to the EU procedure. From the data collected by using an empirical method, it can be obs...

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Main Authors: Stojaković Aleksandra, Jeremić Ljiljana
Format: Article
Language:English
Published: University Dzon Nezbit 2016-01-01
Series:Megatrend Revija
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2016/1820-31591603083S.pdf
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spelling doaj-63ea64e80a0c4f43a064fa74843de3972020-11-25T01:48:48ZengUniversity Dzon NezbitMegatrend Revija1820-31592016-01-011338310610.5937/MegRev1603083S1820-31591603083SDevelopment of the insurance sector and economic growth in countries in transitionStojaković Aleksandra0Jeremić Ljiljana1DDOR Novi Sad a.d.o., SuboticaUniversity Singidunum, Belgrade, SerbiaThe main focus of this article is on the insurance sector and economic development of countries in transition; while some of them have already become members of the European Union, others are still in the access to the EU procedure. From the data collected by using an empirical method, it can be observed that the development of the insurance market has had a positive influence on economic growth. The importance of the insurance sector can be observed in the results of the displayed types of insurance in the period from 2010 to 2014. The confirmation of market development is also located in the laid and paid claims, which provide policyholders with security and confidence in insurance companies.http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2016/1820-31591603083S.pdfinsurancedevelopmenteconomic growthcountries in transitioninsurance premiumclaims
collection DOAJ
language English
format Article
sources DOAJ
author Stojaković Aleksandra
Jeremić Ljiljana
spellingShingle Stojaković Aleksandra
Jeremić Ljiljana
Development of the insurance sector and economic growth in countries in transition
Megatrend Revija
insurance
development
economic growth
countries in transition
insurance premium
claims
author_facet Stojaković Aleksandra
Jeremić Ljiljana
author_sort Stojaković Aleksandra
title Development of the insurance sector and economic growth in countries in transition
title_short Development of the insurance sector and economic growth in countries in transition
title_full Development of the insurance sector and economic growth in countries in transition
title_fullStr Development of the insurance sector and economic growth in countries in transition
title_full_unstemmed Development of the insurance sector and economic growth in countries in transition
title_sort development of the insurance sector and economic growth in countries in transition
publisher University Dzon Nezbit
series Megatrend Revija
issn 1820-3159
publishDate 2016-01-01
description The main focus of this article is on the insurance sector and economic development of countries in transition; while some of them have already become members of the European Union, others are still in the access to the EU procedure. From the data collected by using an empirical method, it can be observed that the development of the insurance market has had a positive influence on economic growth. The importance of the insurance sector can be observed in the results of the displayed types of insurance in the period from 2010 to 2014. The confirmation of market development is also located in the laid and paid claims, which provide policyholders with security and confidence in insurance companies.
topic insurance
development
economic growth
countries in transition
insurance premium
claims
url http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2016/1820-31591603083S.pdf
work_keys_str_mv AT stojakovicaleksandra developmentoftheinsurancesectorandeconomicgrowthincountriesintransition
AT jeremicljiljana developmentoftheinsurancesectorandeconomicgrowthincountriesintransition
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