Naslov
Influence of Bancassurance on Non-life Insurance Sector Performance–Case of Selected European Countries

Autori
Tomislava Pavić Kramarić, Anđela Paštar Krnčević, Marko Miletić

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Contemporary Issues of Economy&Technology - CIET2018 / Plazibat, Bože ; Kosanović, Silvana - Split : Sveučilišni odjel za stručne studije Sveučilišta u Splitu, 2018, 20-29

ISBN
978-953-7220-29-7

Skup
3rd international scientific and professional conference Contemporary Issues in Economy & Technology (CIET 2018)

Mjesto i datum
Split, Hrvatska, 01.06.2018. - 02.06.2018

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
bancassurance, non-life insurance industry performance, static panel analysis

Sažetak
Bankassurance is becoming increasingly important distribution channel in the insurance markets. Therefore, the authors wanted to find out if and in what direction bankassurance affects non-life insurance industry performance measured with sales profitability. The analysis is conducted on the case of selected European countries, i.e. on the sample of Croatian, Slovenian, Spanish and Portuguese insurance industries using aggregate data for the period 2009-2015. The analysis is conducted using static panel analysis. Control variables used in the model comprise of market share, size based on gross written premium, insurance premium growth, losses growth and share of reinsurance. The results showed that bancassurance does not play an important role in determining non-life insurance sector profitability whereas size and non-life gross written premium growth have statistically significant and positive influence on performance. Moreover, reinsurance has an adverse effect on performance.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA