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@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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