Journal of Accounting and Management Information Systems (JAMIS)


The analyse and the modeling in insurance decisions

Supp/2007 ,   p 661..672

Author(s):  
Adrian Victor BADESCU
Adriana Elena SIMION


Keywords:   Decision, insurance, profit, loss, portfolio

Abstract:  
Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Insurance domain has a very important status in the globalization context and social transformation. Starting this year, Romania has a mandatory house insurance policy. This type of insurance covers the risk of earthquake, flood and earth flow. To determine the impact of this type of insurance over the financial status of the insurance companies, complex financial analysis is needed. For this analysis we must take into consideration the houses and the possibilities of insurance companies factors. In this paper we would like to present and analyze the impact of mandatory house insurance from the financial point of view of insurance companies. To do this we will make a rentability analysis and we will study the specific indicators.


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