THE MARKET CONCENTRATION AND COMPETITIVE ENVIRONMENT OF CASCO AND MOTOR THIRD PARTY LIABILITY INSURANCE IN BULGARIA

Authors

  • Ventsislav Vasilev D.A. Tsenov Academy od Economics, Svishtov

DOI:

https://doi.org/10.20544/HORIZONS.A.31.2.22.P16

Abstract

The purpose of the paper is to outline the state of market concentration of the two most widespread insurance policies in Bulgaria - Casco Insurance and Motor Third Party Liability Insurance for the period 2012-2021. The expected results in the study are related to determining the form and strength of competition in both types of insurance and for the non-life insurance market as a whole.The importance of the research is related to the fact that these two insurance policies are extremely important for the development of the Non-Life Insurance Market in Bulgaria, as they cover 70% of it. The calculations are based on the official statistical information on
the Bulgarian insurance market for the period 2012-2021, published on the official website of the Financial Supervision Commission in Bulgaria.

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Published

26-12-2022

Issue

Vol. 31 No. 2 (2022): Horizons - International Scientific Journal (Series A)

Section

SERIES A

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

Vasilev, Ventsislav. 2022. “THE MARKET CONCENTRATION AND COMPETITIVE ENVIRONMENT OF CASCO AND MOTOR THIRD PARTY LIABILITY INSURANCE IN BULGARIA”. Horizons - International Scientific Journal 31 (2): 207-18. https://doi.org/10.20544/HORIZONS.A.31.2.22.P16.