Universal Journal of Accounting and Finance Vol. 4(4), pp. 117 - 120
DOI: 10.13189/ujaf.2016.040401
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Regarding the Issue of Insurance Market in Slovak Republic Being a Part of Financial Market

Barbora Drugdová ^*
Department of Insurance, Faculty of National Economics, University of Economics in Bratislava, Slovakia

ABSTRACT

The article focuses on the commercial insurance of non-life risks and non-life commercial insurance market as part of the financial market in the Slovak Republic. The Slovak commercial insurance market is well-developed. There were 21 commercial insurance companies, and all of them were all associated in the Association of Slovak Insurance Companies and operated in the Slovak Republic until December 31, 2014. Development of insurance in the area of life insurance in recent years is more dynamic than in non-life insurance. The Slovak Republic is gradually closer to the European average on the insurance market, which is about 62 percent in favour of life insurance. Commercial insurers offer a wide variety of insurance products. Amongst them are also products aimed at insuring international risks, as a part of non-life risks.

KEYWORDS
Commercial Insurance Market, Insurance of Non-life Risks, International Risks, Company Insurance Indicators, Insurance Products

Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Barbora Drugdová , "Regarding the Issue of Insurance Market in Slovak Republic Being a Part of Financial Market," Universal Journal of Accounting and Finance, Vol. 4, No. 4, pp. 117 - 120, 2016. DOI: 10.13189/ujaf.2016.040401.

(b). APA Format:
Barbora Drugdová (2016). Regarding the Issue of Insurance Market in Slovak Republic Being a Part of Financial Market. Universal Journal of Accounting and Finance, 4(4), 117 - 120. DOI: 10.13189/ujaf.2016.040401.