The Hungarian Insurance Market: Economic Transition in the Insurance Sector

20 Pages Posted: 9 Apr 2012

See all articles by Bertrand Venard

Bertrand Venard

Audencia Nantes School of Management

Martin Halek

University of Georgia - Department of Insurance, Legal Studies, Real Estate

Mark S. Dorfman

University of North Carolina (UNC) at Charlotte

Date Written: Fall 2008

Abstract

This article analyzes Hungary's insurance sector as an important part of the country's economic transition from a centrally planned economy to a market economy. It details the historic economic development of the Hungarian insurance market from a state monopoly to a competitive insurance market where foreign‐owned insurance companies have a dominant market share.

Suggested Citation

Venard, Bertrand and Halek, Martin and Dorfman, Mark S., The Hungarian Insurance Market: Economic Transition in the Insurance Sector (Fall 2008). Risk Management and Insurance Review, Vol. 11, Issue 2, pp. 377-396, 2008. Available at SSRN: https://ssrn.com/abstract=2036145 or http://dx.doi.org/10.1111/j.1540-6296.2008.00145.x

Bertrand Venard (Contact Author)

Audencia Nantes School of Management ( email )

8 route de la Jonelière, BP 31222
Nantes Cedex 3, Cedex 3 44312
France

Martin Halek

University of Georgia - Department of Insurance, Legal Studies, Real Estate ( email )

Athens, GA 30602-6254
United States

Mark S. Dorfman

University of North Carolina (UNC) at Charlotte ( email )

9201 University City Boulevard
Charlotte, NC 28223
United States

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