2013
Current Changes in the Role of the Insurance Sector
DAŇHEL, Jaroslav and Eva DUCHÁČKOVÁBasic information
Original name
Current Changes in the Role of the Insurance Sector
Name in Czech
Současné změny v postavení odvětví pojišťovnictví
Authors
DAŇHEL, Jaroslav and Eva DUCHÁČKOVÁ
Edition
Acta VŠFS, Praha, Vysoká škola finanční a správní, o.p.s. 2013, 1802-792X
Other information
Language
English
Type of outcome
Article in a journal
Field of Study
50200 5.2 Economics and Business
Country of publisher
Czech Republic
Confidentiality degree
is not subject to a state or trade secret
References:
Marked to be transferred to RIV
Yes
RIV identification code
RIV/04274644:_____/13:#0000034
Organization unit
University of Finance and Administration
Keywords (in Czech)
finanční, ekonomická a dluhová krize, finanční trhy, odvětví pojišťovnictví, regulatorní projekty, řízení rizika, nová architektura regulace finančních trhů, ochrana spotřebitele, antidiskriminační opatření
Keywords in English
financial; economic and debt crisis; financial markets; insurance sector; regulatory projects; risk based approach/risk management; new architecture of the financial market regulation; consumer protection; anti-discrimination measures
Tags
Reviewed
Changed: 24/3/2017 10:36, Ing. Dominika Moravcová
Abstract
In the original language
The authors analyze changes resulting from impacts of the globalization process and the crisis on the financial markets, particularly on the conservative insurance sector, which is forced to accelerate the dynamics of structural changes. The adequacy of the current regulatory measures for the financial/banking markets, and the insurance sector in particular, is discussed, together with the consequences of implementing measures aimed at consumer protection/anti-discrimination measures, including the search for balance between higher internal stability and client safety on the one side, and efficiency of insurance for clients and effectiveness of the activity itself on the other side. Furthermore, the article addresses current internal problems of the sector. An opinion is expressed in conclusion that the insurance sector has potential to remain a stable sector, in spite of the outlined problems.
