Financial situation of insurance sector for example, a Stock – Exchange Company PZU

• Authors: Paweł Trippner
• Languages of publication: EN

Abstracts

EN

The insurance system is a very important element of the financial system of a country. As institutions of public trust, insurance companies play a crucial role in the process of transforming savings into investments, which directly affects the country’s economic development. Maintaining the insurance sector in a good financial condition guarantees stability of the financial system and economic development of Poland. The article aims to present the essence of operations of insurance companies as financial institutions, present their role in the economy, and describe various methods of appraising their financial condition. In order to fulfil the above goals, a research hypothesis is put forward stating that the financial condition of the insurance sector in Poland deteriorated in the analysed period as a result of an adverse impact of turbulence in financial markets and problems in financial systems in the European Union countries.

Keywords

EN

Insurance system; Financial ratio; Financial condition analysis; Economic value added; Stock - exchange companies

• Publisher: Sciendo
• Journal: Przedsiębiorczość i Zarządzanie
• Year: 2014
• Volume: 15
• Issue: 1
• Pages: 55-67

Dates

published

2014-01-01

online

2014-05-30

Contributors

author

Paweł Trippner

• University of Social Sciences

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Identifiers

DOI

10.2478/eam-2014-0004