Pervan, Маја and Poposki, Klime and Ćurak, Marjana (2014) How Well Insurance Companies in Macedonia Perform? Recent Researches in Applied Economics and Management, Business Administration and Financial Management,, 1. pp. 457-463.
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Abstract
The paper provides overview of performances of insurance sector in the Republic of Macedonia, including SWOT analysis, as well as analysis of determinants of the insurance companies’ profitability for the period from 2002 to 2011. According to the main indicators of performances, the insurance sector in Macedonia is undeveloped showing modest signs of improvements, mainly owing to foreign insurance companies’ penetration. Despite some weaknesses, this sector has enough strength for further growth and development. The analysis of profitability is performed at the insurance companies' level, with inclusion of
macroeconomic factors as determinants of insurers’ performance. The findings confirm expense ratio, claims ratio, economic growth and inflation as important factors that determine Macedonian insurance companies’ profitability.
| Item Type: | Article |
|---|---|
| Subjects: | Scientific Fields (Frascati) > Social Sciences > Economics and Business |
| Divisions: | Faculty of Economics |
| Depositing User: | Prof. d-r Klime Poposki |
| Date Deposited: | 28 Nov 2024 10:40 |
| Last Modified: | 28 Nov 2024 10:40 |
| URI: | https://eprints.uklo.edu.mk/id/eprint/10467 |
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