A STUDY ON THE EVOLUTION OF ROMANIAN INSURANCE MARKET IN A EUROPEAN CONTEXT

  • T. MATEOC University of Agricultural Sciences and Veterinary Medicine, Timisoara, 119 Aradului Street
  • Doina DARVASI West University of Timisoara, 4 V. Pârvan Street
  • Victoria SEULEAN West University of Timisoara, 4 V. Pârvan Street
  • Nicoleta MATEOC SIRB University of Agricultural Sciences and Veterinary Medicine, Timisoara, 119 Aradului Street
Keywords: insurance, evolution, tradition, aboriginal market, liberal circulation, the future of insurances

Abstract

In this paper, we present a study on insurance activities, dealing with three important issue groups: the first one deals with the institutional legal frame of insurance activities; the second one deals with the presentation of insurance activities in Romania; and the third one deals with an analysis of the dynamics of the domestic market after 2000 in particular, and of their last developments after Romania’s adhesion to the European Union. As a result of the study, we could see that insurance activities have century-old traditions in Romania including in the field of agriculture, as shown in the following notes.