Evaluating the Level of Market Concentration in Insurance Sector: the case of Serbia

Kaličanin, Tijana and Lazić, Milena (2018) Evaluating the Level of Market Concentration in Insurance Sector: the case of Serbia. In: Western Balkans Economies in EU Integration: past, present and future. CEMAFI International Association, Nica, pp. 202-221. ISBN 979-10-96557-18-9

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The financial system in Serbia is still dominantly bank-centric and bank intermediation channel is of great importance. Despite the low share of insurance companies in total balance sheet amount of Serbian financial sector which in 2017 amounted approximately to 6.3%, within the referent period 2007-2017 the positive growth trend was noticeable. With that regard and taking into account the raising importance of domestic insurance market sector, in this paper in period 2007-2017 the dynamic analysis of selected concentration indices for Serbia was conducted. The results indicate that the insurance market in the Republic of Serbia is characterized by medium supply concentration. Furthermore, a significant change in the intensity of competition was also noticed.

Item Type: Book Section
Additional Information: COBISS.ID=512552034
Uncontrolled Keywords: insurance market, financial sector, market concentration, macroeconomic indicators
Research Department: Macroeconomics
Depositing User: Jelena Banovic
Date Deposited: 16 Dec 2020 13:07
Last Modified: 16 Dec 2020 13:07
URI: http://ebooks.ien.bg.ac.rs/id/eprint/1519

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