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2008•Economie teoretică şi aplicatăOpen access

THE DEVELOPMENT OF THE FINANCIAL RISKS REINSURANCE ACTIVITY FROM THE SINGLE EUROPEAN MARKET PERSPECTIVE

Mihaela Cojocaru

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Abstract

The development of the activity of reinsuring the financial risks growth of the reinsurance efficiency needs first of all, an intensification of prospecting the International Insurance and Reinsurance Market, good knowledge and understanding, especially on the European one. This is how Reinsurance creates the necessary environment to stabilize the financial results of the insurance companies. The main characteristic of the reinsurance activity is the internationalisation. The chosen subject came out and turned our attention to the issues faced by the Insurance Market while trying to find a proper reinsurance for different risks, but especially the financial ones, as well as the necessity to find both explanations and solutions in this respect.

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What this paper is about

The development of the activity of reinsuring the financial risks growth of the reinsurance efficiency needs first of all, an intensification of prospecting the International Insurance and Reinsurance Market, good knowledge and understanding, especially on the European one. This is how Reinsurance creates the necessary environment to stabilize the financial results of the insurance companies. The main characteristic of the reinsurance activity is the internationalisation. The chosen subject came out and turned our attention to the issues faced by the Insurance Market while trying to find a proper reinsurance for different risks, but especially the financial ones, as well as the necessity to find both explanations and solutions in this respect.

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Available abstract

The development of the activity of reinsuring the financial risks growth of the reinsurance efficiency needs first of all, an intensification of prospecting the International Insurance and Reinsurance Market, good knowledge and understanding, especially on the European one. This is how Reinsurance creates the necessary environment to stabilize the financial results of the insurance companies. The main characteristic of the reinsurance activity is the internationalisation. The chosen subject came out and turned our attention to the issues faced by the Insurance Market while trying to find a proper reinsurance for different risks, but especially the financial ones, as well as the necessity to find both explanations and solutions in this respect.

Key concepts: Reinsurance, Business, Internationalization, Actuarial science, Perspective (graphical), Finance, Financial market, Insurance industry

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