THE CONSEQUENCE OF FINANCIAL CRISES IN ALBANIAN INSURANCE MARKET

The Albanian insurance market is not influenced considerably from current financial crisis. Early yet phase of development with the very low penetration level explains steadiness of insurance market to exposure influence of global financial crisis. Another factor contributed to stability of insurance market is focusing insurance businesses more on the compulsory insurance segment which is not fully liberalized. Conservative investment policies of Albanian insurers also contributed to avoiding influence of market risks induced by world financial crisis.


Issue Date:
Jul 15 2010
Publication Type:
Journal Article
DOI and Other Identifiers:
1804-0519 (Other)
PURL Identifier:
http://purl.umn.edu/92367
Published in:
Perspectives of Innovations, Economics, and Business
Volume 05, Issue 2
Page range:
50-52
Total Pages:
3
JEL Codes:
G22; G32
Series Statement:
Volume 5
Issue




 Record created 2017-04-01, last modified 2017-08-25

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)