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It is widely recognized that "market failure" prevents efficient risksharing in natural disaster insurance. As a consequence, many countriesadopted institutional frameworks presenting public sector participation,often praised as public-private partnerships. We define risk selection asa situation...
Persistent link: https://www.econbiz.de/10005861242
The purpose of this paper is to provide an overview and new empirical evidence on frontier effi-ciency measurement in the insurance industry, a topic of great interest in the academic literature during the last several years. In the first step, we review 87 studies and put them into a joint...
Persistent link: https://www.econbiz.de/10005861366
Russian. В статье рассматривается проблема определения степени монополизации страхового сектора Сербии (без Косово и Метохии) в период 2010-2023 гг. Исследование...
Persistent link: https://www.econbiz.de/10015214091
Serbian. Чланак се бави проблемом одређивања степена монополисаности у сектору осигурања Србије (без Косова и Метохије) у раздобљу 2011–2022. Основ истраживања били су...
Persistent link: https://www.econbiz.de/10015214107
This article deals with the matter of determining the level of monopolization in the insurance sector of Central Serbia during the period 2011–2022. The basis of the research were data on the total insurance premium of insurance companies, for which we calculated the market concentration...
Persistent link: https://www.econbiz.de/10015214135
Serbian: Еквивалентни број као реципрочна вредност Хиршман-Херфиндаловог индекса концентрације полазна је основа за формулисање индекса монополисаности тржишта,...
Persistent link: https://www.econbiz.de/10015214699
We model natural disaster insurance in France. We explicitly take into account the main institutional features of the system, such as the uniform premium rate in both high and low risk regions and the existence of a state reinsurance company. Our model indicates that the institutional set-up is...
Persistent link: https://www.econbiz.de/10010261060
It is widely recognized that ?market failure? prevents efficient risk sharing in natural disaster insurance. As a consequence, many countries adopted institutional frameworks presenting public sector participation, often praised as public-private partnerships. We define risk selection as a...
Persistent link: https://www.econbiz.de/10010276887
Serbian. U radu se analizira koncentracija u sektoru osiguranja i uticaj strukture tržišta (rasporeda tržišnih udela) i broja osiguravajućih društava na stepen koncentracije (i konkurencije) u sektoru osiguranja u Srbiji (bez Kosova i Metohije) u desetogodišnjem periodu od 2011. do 2020....
Persistent link: https://www.econbiz.de/10015268015
This paper analyses the concentration in the insurance sector and the impact of the market structure (distribution of market shares) and the number of insurance companies on the level of concentration (and competition) in the insurance sector in Serbia (excluding Kosovo and Metohija) in the...
Persistent link: https://www.econbiz.de/10015268028