PERFORMANCE AND EFFECTIVENESS IN INSURANCE COMPANIES
The current paper aims to present the effectiveness and performances of the insurance companies. In order to express the effectiveness and efficiency of insurance activity we have to take into account their efforts to achieve all those performances. We will discuss the main efficiency indicators hel...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
University of Petrosani
2018-12-01
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| Series: | Annals of the University of Petrosani: Economics |
| Subjects: | |
| Online Access: | https://www.upet.ro/annals/economics/pdf/2018/p2/Monea_2.pdf |
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| Summary: | The current paper aims to present the effectiveness and performances of the insurance companies. In order to express the effectiveness and efficiency of insurance activity we have to take into account their efforts to achieve all those performances. We will discuss the main efficiency indicators helping us to understand the effectiveness of insurance activity, such as: damage ratio, cost of insurance activity; net income ratio, liquidity ratio, solvency ratio, risk coverage ratio, damage coverage ratio, claims rejection ratio, average amount insured, average written premium. |
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| ISSN: | 1582-5949 2247-8620 |