In the study, it was investigated how the insurance companies' market share and life and non- life insurance premiums are affected by the serious changes in the volume of economic activity. Analyzes based on panel VAR models have been performed using a sample collected from developed and emerging market economies. The findings indicate that insurance industry are adversely affected by serious fluctuations in economic activities. Since such shocks generally follow the crisis, these findings indirectly reflect the sensitivity of the insurance system to crises. Findings also show that shocks in the insurance sector may be the reflections of the economy. But these are not as strong as the other findings.
Alan : Filoloji; Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Ulusal
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