Macroeconomic Determinants of Insurance Companies’ Financial
Stability: The Case of the Czech Republic

J 2023

Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic

PŘEČKOVÁ, Lenka a Iveta PALEČKOVÁ

Základní údaje

Originální název

Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic

Autoři

PŘEČKOVÁ, Lenka (203 Česká republika, domácí) a Iveta PALEČKOVÁ (203 Česká republika, garant, domácí)

Vydání

Studies in Business and Economics, 2023, 1842-4120

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50206 Finance

Stát vydavatele

Rumunsko

Utajení

není předmětem státního či obchodního tajemství

Odkazy

URL

Kód RIV

RIV/47813059:19520/23:A0000415

Organizační jednotka

Obchodně podnikatelská fakulta v Karviné

DOI

http://dx.doi.org/10.2478/sbe-2023-0012

Klíčová slova česky

Životní pojištění; neživotní pojištění; index finanční stability; reálná míra růstu hrubého domácího produktu; metoda momentů

Klíčová slova anglicky

Life insurance; non-life insurance; financial stability index; real gross domestic product growth rate; generalized method of moments

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 1. 4. 2024 14:59, Miroslava Snopková

Anotace

V originále

The study assesses the determinants of the financial stability of the Czech commercial insurance companies within the period 2004-2019. The eight macroeconomic determinants of the financial stability of insurance are analysed for both insurers, i.e., with predominated life and non-life insurance. The generalized method of moments is used for empirical analysis. The results show four macroeconomic variables were statistically significant determinants of financial stability in the case of non-life insurers and three determinants influenced the financial stability of life insurers. The study concludes that the determinants of the financial stability of non-life insurers were different that in the case of life insurers. Moreover, the impact of several determinants is also different in case life and non-life insurers in the Czech Republic.

Citovat

PŘEČKOVÁ, Lenka a Iveta PALEČKOVÁ. Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic. Studies in Business and Economics. 2023, roč. 18, č. 1, s. 218-230. ISSN 1842-4120. Dostupné z: https://dx.doi.org/10.2478/sbe-2023-0012.

@article{74450,
   author = {Přečková, Lenka and Palečková, Iveta},
   article_number = {1},
   doi = {http://dx.doi.org/10.2478/sbe-2023-0012},
   keywords = {Life insurance; non-life insurance; financial stability index; real gross domestic product growth rate; generalized method of moments},
   language = {eng},
   issn = {1842-4120},
   journal = {Studies in Business and Economics},
   title = {Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic},
   url = {https://sciendo.com/article/10.2478/sbe-2023-0012},
   volume = {18},
   year = {2023}
}

TY  - JOUR
ID  - 74450
AU  - Přečková, Lenka - Palečková, Iveta
PY  - 2023
TI  - Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic
JF  - Studies in Business and Economics
VL  - 18
IS  - 1
SP  - 218-230
EP  - 218-230
SN  - 18424120
KW  - Life insurance
KW  - non-life insurance
KW  - financial stability index
KW  - real gross domestic product growth rate
KW  - generalized method of moments
UR  - https://sciendo.com/article/10.2478/sbe-2023-0012
N2  - The study assesses the determinants of the financial stability of the Czech commercial insurance companies within the period 2004-2019. The eight macroeconomic determinants of the financial stability of insurance are analysed for both insurers, i.e., with predominated life and non-life insurance. The generalized method of moments is used for empirical analysis. The results show four macroeconomic variables were statistically significant determinants of financial stability in the case of non-life insurers and three determinants influenced the financial stability of life insurers. The study concludes that the determinants of the financial stability of non-life insurers were different that in the case of life insurers. Moreover, the impact of several determinants is also different in case life and non-life insurers in the Czech Republic.
ER  -

PŘEČKOVÁ, Lenka a Iveta PALEČKOVÁ. Macroeconomic Determinants of Insurance Companies’ Financial Stability: The Case of the Czech Republic. \textit{Studies in Business and Economics}. 2023, roč.~18, č.~1, s.~218-230. ISSN~1842-4120. Dostupné z: https://dx.doi.org/10.2478/sbe-2023-0012.

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