scholarly journals Financial situation of insurance sector for example, a Stock – Exchange Company PZU

2014 ◽  
Vol 15 (1) ◽  
pp. 55-67 ◽  
Author(s):  
Paweł Trippner
Keyword(s):  
Economic Development ◽  
Financial Markets ◽  
Financial Institutions ◽  
Stock Exchange ◽  
Financial System ◽  
Insurance Companies ◽  
The European Union ◽  
Financial Systems ◽  
Insurance Sector ◽  
Financial Condition

Abstract The insurance system is a very important element of the financial system of a country. As institutions of public trust, insurance companies play a crucial role in the process of transforming savings into investments, which directly affects the country’s economic development. Maintaining the insurance sector in a good financial condition guarantees stability of the financial system and economic development of Poland. The article aims to present the essence of operations of insurance companies as financial institutions, present their role in the economy, and describe various methods of appraising their financial condition. In order to fulfil the above goals, a research hypothesis is put forward stating that the financial condition of the insurance sector in Poland deteriorated in the analysed period as a result of an adverse impact of turbulence in financial markets and problems in financial systems in the European Union countries.

scholarly journals Appraisal of Financial Situation of the Polish Banking Sector from 2008 to 2012

Management ◽  
2013 ◽  
Vol 17 (2) ◽  
pp. 177-189
Author(s):  
Paweł Trippner
Keyword(s):  
Economic Development ◽  
Financial Markets ◽  
Financial Institutions ◽  
Banking Sector ◽  
Banking System ◽  
Financial System ◽  
The European Union ◽  
Financial Situation ◽  
Financial Condition ◽  
European Union Countries

Summary Appraisal of Financial Situation of the Polish Banking Sector from 2008 to 2012 The banking system is a very important element of the financial system of a country. As institutions of public trust, banks play a crucial role in the process of transforming savings into investments, which directly affects the country’s economic development. Maintaining the banking sector in a good financial condition guarantees stability of the financial system and economic development of Poland. The article aims to present the essence of operations of banks as financial institutions, present their role in the economy, and describe various methods of appraising their financial condition. In order to fulfil the above goals, a research hypothesis is put forward stating that the financial condition of the banking sector in Poland deteriorated in the analysed period as a result of an adverse impact of turbulence in financial markets and problems in banking sectors in the European Union countries.

scholarly journals The impact of economic development on the efficiency of the financial sector

Ekonomika ◽  
2021 ◽  
Vol 67 (3) ◽  
pp. 107-117
Author(s):  
Milica Cvetković ◽  
Maja Cogoljević ◽  
Marija Ranđelović
Keyword(s):  
Economic Development ◽  
Financial Markets ◽  
Market Economy ◽  
Financial Institutions ◽  
Financial System ◽  
Financial Sector ◽  
Transition Countries ◽  
Financial Systems ◽  
Production And Consumption ◽  
The Impact

A stable financial sector creates economic development. Speculative actions in financial markets cause disturbances and are an indicator of economic instability. The growth of a modern market economy more than two centuries ago is interconnected with the growth of the financial system. The averment that there is a connection between the growth of the financial and real sectors of the economy is as old as economics science. A developed financial system encourages competition, expands the market, and increases the efficiency of financial institutions. The depth and the breadth of financial markets are growing, which are transmission to the performance and structure of the economy. Through linking savings and investments, the financial system controls and manages the risks that are characteristic of financial operations and facilitates the interaction of production and consumption. The financial systems of transition countries are not sufficiently developed, so this paper aims to point out the interconnectedness and impact of the financial system on macroeconomic stability.

Reforming China's Financial Markets

2001 ◽  
Vol 100 (647) ◽  
pp. 291-294
Author(s):  
Stephen Thomas ◽  
Ji Chen
Keyword(s):  
Economic Development ◽  
Financial Markets ◽  
Financial Institutions ◽  
Financial System ◽  
Market Reforms ◽  
Major Stage

China has begun another major stage of its market reforms in its financial system. These reforms will continue to move China gradually but inevitably toward modern financial institutions that will provide an additional stimulus to China's overall economic development.

scholarly journals Insurance Sector Development and its Effect on the Financial Markets in Developing Countries: The Case of Kosovo

2020 ◽  
Vol 5 (1) ◽  
Author(s):  
Blerta Haliti Baruti
Keyword(s):  
Developing Countries ◽  
Financial Markets ◽  
Financial Stability ◽  
Research Question ◽  
Financial System ◽  
Insurance Market ◽  
Insurance Companies ◽  
Direct Role ◽  
Main Research ◽  
Insurance Sector

The purpose of this paper is to extract the important factors in the nature of insurance companies and their direct role in the economic and financial system development. This market study aims to analyse the insurance system in Kosovo by determining and then analysing its structure, the degree of concentration of insurance companies on the insurance market, their behaviour towards price, number of participants, companies operating in this market and types of products and services they provide. Our analysis are gathered on statistical and qualitative data through the study of the theories on insurance market development in other countries. Furthermore, for the empirical analysis, we used secondary data from Central Bank of Kosovo, Insurance Companies and Association Insurance of Kosovo. Also, we conducted two surveys. First, we conducted a survey with finance managers from all insurance companies and secondary survey was in general, for people who work. This way we tried to get a better understanding of the issue at hand.  The identification of these factors would enable insurance companies to design policies that tackle the demands of consumers for voluntary insurance policies and at the same time to contribute to financial stability of Kosovo’s economy. At the end we have to come out with conclusions on the main research question: Does Insurance Development affect the Financial Markets in developing countries? The expected outcome is that the insurance sector in Kosovo is an important factor for the further development of the financial system.

scholarly journals Analisis Potensi Kebangkrutan PT. Berlian Laju Tanker, Tbk. dengan Menggunakan Altman’s Z Score

2012 ◽  
Vol 3 (2) ◽  
pp. 654
Author(s):  
Iswandi Iswandi
Keyword(s):  
Financial Markets ◽  
Financial Institutions ◽  
Stock Exchange ◽  
Financial Statements ◽  
Financial Statement ◽  
Z Score ◽  
Transportation Services ◽  
Financial Condition ◽  
Score Model ◽  
A Company

PT. Berlian Laju Tanker, Tbk. (BLTA) is a company engaged in the ocean transportation services listed on the Indonesia Stock Exchange and the Singapore Stock Exchange. In 2009 and 2010 BLTA experienced a net loss. At the end of 2011 the company rocked the financial markets in Indonesia and Singapore being unable to meet financial obligations to financial institutions and corporate bondholders. Given such conditions until the end of August 2012 BLTA can not submit audited financial statement of year 2011 to the authorities of stock exchange and public. By using the 2007 to 2010 audited financial statements and June 2011 inhouse financial statement were analyzed using Altman's Z score model can be known that since 2007 BLTA produce a Z score were classified bankruptcy. Investors should analyze the financial condition by using Z Score in order to minimized shareholders and bondholders potential losses.

scholarly journals Exploring the Probability of Bankruptcy for Conventional Insurance Companies Listed at Kuwait Stock Exchange and its Effect on Their Share Prices

2019 ◽  
pp. 1341-1346
Author(s):  
Musaed S. AlAli ◽  
Yaser A. AlKulaib
Keyword(s):  
Stock Exchange ◽  
Financial System ◽  
Safety Net ◽  
Share Price ◽  
Insurance Companies ◽  
Financial Reports ◽  
Bankruptcy Risk ◽  
Insurance Sector ◽  
Financial Failure ◽  
Kuwait Stock Exchange

Insurance is a crucial component of any financial sector, the financial soundness of the insurance sector will result in a healthier financial system in any country. The insurance sector is responsible for transferring risk from one entity to another, for premium, to hedge against any risk of unexpected loss. For that, the insurance sector plays the role of safety net for the whole of the financial system in any country. This study aims to detect the existence of signs of financial failure for conventional insurance companies listed at Kuwait stock exchange (KSE). The study uses the Altman Model to calculate the financial failure indicators. The research also measures the relationship between the financial failure score and the share price of these companies. The analysis is based on the belief that financial reports provide information to investors which can be taken as indicators of the financial failure or success of companies. This information will affect investment decisions which, in turn, will be reflected on the share price. This study is based on the financial data of conventional insurance companies listed at Kuwait stock exchange for the period spanning from 2010 to 2017. A panel data collected from the financial statements of the four conventional insurance companies listed at the stock market were used to calculate the financial failure score for these companies. Ordinary least squared (OLS) regression method, is then used to evaluate the relation between Altman’s z-score and the share price of these companies. Results obtained from this study showed that conventional insurance companies operating in Kuwait had a healthy financial positions and therefore safe from bankruptcy risk. The study also revealed that there was no statistically significant relation between Altman’s score and the share price indicating that the financial failure score does not have an effect on share price of conventional insurance companies listed at Kuwait stock exchange.

Part Two: Insurance Sector Development And Its Effect On The Financial Markets In Developing Countries: The Case Of Kosovo

2020 ◽  
Vol 5 (3) ◽  
Author(s):  
Blerta Haliti Baruti
Keyword(s):  
Developing Countries ◽  
Financial Markets ◽  
Financial Stability ◽  
Research Question ◽  
Financial System ◽  
Insurance Market ◽  
Insurance Companies ◽  
Direct Role ◽  
Main Research ◽  
Insurance Sector

The purpose of this study is to identify the connection between the insurance market and the financial markets. More specifically to analyze the nature of insurance companies and their direct role in the economic and financial system development. This market study aims to analyze the insurance system in Kosovo by defining and analyzing its structure, the degree of concentration of insurance companies on the insurance market, their behavior towards price, number of participants, companies operating in this market, and types of products and services they provide. This paper (part two of the study) will present the secondary data from Central Bank of Kosovo, Insurance Companies, and Insurance Association of Kosovo. The analysis are performed on quantitative and qualitative data through applying theories on insurance market development in other countries. It is imported to identify the factors because it enables insurance companies to design policies that tackle the demands of consumers for voluntary insurance policies and at the same time to contribute to financial stability of Kosovo’s economy. The study aims to conclude on the main research question: Does Insurance Development affect the Financial Markets in developing countries? The expected outcome is that the insurance sector in Kosovo is an important factor for the further development of the financial system.

scholarly journals Analisis Tingkat Kebangkrutan Pada Perusahaan Asuransi Yang Terdaftar Di Bursa Efek Indonesia

2019 ◽  
Vol 9 (2) ◽  
pp. 28
Author(s):  
Mikha Novalina Sinaga ◽  
Frendy A. O. Pelleng ◽  
Joanne V. Mangindaan
Keyword(s):  
Financial Management ◽  
Research Study ◽  
Stock Exchange ◽  
Insurance Companies ◽  
Z Score ◽  
Prediction Analysis ◽  
Financial Condition ◽  
Management Problems ◽  
Score Method ◽  
A Company

The purpose of this research study is to determine the result of prediction analysis of potential bankruptcy on eleven insurance companies sector which has been listed in Indonesia Stock Exchange year 2015 to 2018. Bankruptcy is a condition when a company experiences insufficient funds to run its business. Bankruptcy is uncertainty about the ability of a company to continue its operations if the financial condition held has decreased. In fact, not all companies experience financial management problems that often lead to bankruptcy. Based on the result and conclusions of the analysis using Altman Z-Score method that: in 2015-2018 there were several companies that were safe, namely: PT. Bina Dana Arta Insurance Tbk, PT. Harta Aman Pratama Insurance Tbk, PT. Jasa Tania Insurance Tbk, PT Indonesian reinsurance airline Tbk, PT. Panin Insurance Tbk, PT. Panin Financial Tbk, PT Victoria Insurance Tbk. Then there are companies that in 2015- 2017 are healthy but in 2018 in prone conditions, namely: PT. Bintang Insurance Tbk,and PT. Multi Artha Guna Insurance Tbk, but different from PT. Mitra Maparya Insurance Tbk which in 2015 was in vulnerable condition but in 2016-2018 is safe. And PT. Ramayana from 2015-2018 is in vulnerable condition.

scholarly journals Research on the Development of City Financial Systems under the Rural Revitalization Strategy

2021 ◽  
Vol 5 (5) ◽  
pp. 14-19
Author(s):  
Jilu Liu ◽  
Qiaoyu Zhang ◽  
Xiaoming Zeng
Keyword(s):  
Economic Development ◽  
Product Innovation ◽  
Financial System ◽  
Agricultural Product ◽  
Credit System ◽  
Financial Systems ◽  
Rural Economic Development ◽  
Rural Revitalization ◽  
Multi Level ◽  
The City

The implementation of the rural revitalization strategy can provide a better solution for problems such as the “three rural” development limitations and the imbalance of urban and rural economic development as it is the key to comprehensive building of a well-off society. Based on Linhai City’s finance status, this article analyzes the financial needs of the city for a better economic development under the rural revitalization strategy which prioritizes the policy of building a city financial system. The city’s financial system should be organized in a multi-level stucture for better economic development. This will improve the credit system of villages and towns, strengthen agricultural product innovation financially, and improve the finances of rural residents.

Computerized Legal Databases and Their Contents: Israel

1987 ◽  
Vol 15 (5-6) ◽  
pp. 201-207
Author(s):  
Eugenio I. Cuomo
Keyword(s):  
Financial Institutions ◽  
Stock Exchange ◽  
Insurance Companies ◽  
Private Institutions ◽  
Public And Private ◽  
Legal Databases ◽  
First Time

The computer revolution in Israel began almost ten years ago, when computers for public use appeared for the first time in banks, challenging a very hesitant and embarassed public. After banks, other public and private institutions, especially financial institutions like insurance companies, the Stock Exchange and others, started producing databases for internal and external purposes.

Sign in / Sign up

Export Citation Format

Share Document