COMPETITION AT GERMAN INSURANCE  SERVICE MARKET  OVER PERIOD 1999–2010

Lada Shirinyan

Authors

Lada Shirinyan State educational and scientific institution "Academy of Financial Management"

Keywords:

Insurance market, competition, Herfindahl–Hirshman index, concentration, competitiveness, saturation degree, capitalization limits.

Abstract

Author investigates the competitiveness in the German insurance industry of last decade in details, based on the multifactorial determination of the indexes of insurance market. It is compared the data and quantitative indexes for insurance markets of different countries. The results of the analysis indicate that German insurance market has high economic performance and at the same time it is not perfectly structured and distributed. The developed method represents the scientific approach application in the efficient monitoring system of authorized bodies. Work is the result of scientific fellowship of the author in Germany within the framework of the Ukrainian-German collaboration.

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