Pregled bibliografske jedinice broj: 715421
Factors Influencing Demand for Reinsurance
Factors Influencing Demand for Reinsurance // 8th International days of statistics and economics
Prag, Češka Republika, 2014. str. 297-307 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
CROSBI ID: 715421 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Factors Influencing Demand for Reinsurance
Autori
Ćurak, Marijana ; Pervan, Maja ; Pavić Kramarić, Tomislava
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
8th International days of statistics and economics
/ - , 2014, 297-307
ISBN
978-80-87990-02-5
Skup
8th International days of statistics and economics
Mjesto i datum
Prag, Češka Republika, 11.09.2014. - 13.09.2014
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
demand ; reinsurance ; insurers’ specific factors ; reinsurance industry characteristics
Sažetak
Specificity of insurance companies’ business model with inversion of business process in which they base insurance pricing on assumed losses and not on the real ones, exposes this financial institutions to underwriting or actuarial risk. The most important method of underwriting risk management is reinsurance which provides insurance companies with stabilization of loss experience, increase of underwriting capacity, protection of catastrophic losses and technical assistance in the underwriting activities. This paper investigates the factors that influence insurance companies’ demand for reinsurance. Both insurers-specific and the reinsurance industry-specific factors are analysed. The empirical analysis is based on panel data consisting of all insurance companies in Croatian insurance market in the period from 2003 to 2011. The results show that demand for reinsurance is determined by product diversification, profitability, loss volatility as well as by price of reinsurance and the financial strength of reinsurance industry.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
Napomena
Članak je indeksiran u Web of Science (WoS) bazi podataka
POVEZANOST RADA
Projekti:
055-0551147-1105 - Utjecaj pridruživanja RH europskoj uniji na profitabilnost hrvatskih poduzeća (Pavić, Ivan, MZOS ) ( CroRIS)
Ustanove:
Ekonomski fakultet, Split,
Sveučilište u Splitu Sveučilišni odjel za stručne studije