Naslov
Modelling of the effects of annual written gross premium on costs of acquisition and settled claims in the Republic of Croatia’s health insurance market

Autori
Peruško, Ticijan ; Šestan, Vanessa

Izvornik
Journal of accounting and management (1848-137X) Vol. XI No. 2, 2021. (2021); 65-78

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, prethodno priopćenje, znanstveni

Ključne riječi
gross written premium, acquisition costs, settled claims, health insurance, accounting information
(gross premium, commission costs, acquisition costs, claims expenses, life insurance, accounting information)

Sažetak
Information that facilitates the recognition of market trends and adaptation of insurance company business to market movements is obtained using insurance market analysis. For that purpose, the method of modelling is used, by which the interactive effect of variables and correlation of movements of the observed phenomena over a period of time are researched. This method is also used to obtain new prognostic information for market prediction and insurance company management. In the conducted research, the Republic of Croatia’s health insurance market is analysed. The research was directed towards the annual gross written premium, annual settled claims and acquisition costs as a central focus in insurance company business. The aim of the paper is to, by applying accounting information and scientific and research methods, explore the correlation between the annual gross premium and the acquisition costs and damages in the health insurance market of the Republic of Croatia and to shape them using scientific models. By the application of these models, the predicted impact of the gross written premium on the costs of acquisition and the settled claims is illustrated. In this way, the creation of the new prognostic accounting information for the needs of the analysis and planning of business activities in the Republic of Croatia’s health insurance market is facilitated.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA