The influence of COVID-19 pandemic on Croatian life insurance market

Pavić Kramarić, Tomislava; Miletić, Marko; Kusić, Ivica

Scientific paper - Original scientific paper

The influence of COVID-19 pandemic on Croatian life insurance market

In: IMR 2021 : Interdisciplinary management research XVII. Osijek: Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku ; Hochschule Pforzheim University of Applied Sciences ; Hrvatska akademija znanosti i umjetnosti (HAZU), 2021. pp. 673-685. urn:nbn:hr:227:905964

Pavić Kramarić, Tomislava; Miletić, Marko; Kusić, Ivica

Institutional repository: Repository of University Department for Forensic Sciences

Cite this document

APA 6th Edition

Pavić Kramarić, T., Miletić, M. & Kusić, I. (2021). The influence of COVID-19 pandemic on Croatian life insurance market. IMR 2021 : Interdisciplinary management research XVII (pp. 673-685). Osijek: Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku ; Hochschule Pforzheim University of Applied Sciences ; Hrvatska akademija znanosti i umjetnosti (HAZU). Retrieved from https://urn.nsk.hr/urn:nbn:hr:227:905964

MLA 8th Edition

Pavić Kramarić, Tomislava, et al. "The influence of COVID-19 pandemic on Croatian life insurance market." IMR 2021 : Interdisciplinary management research XVII, Osijek: Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku ; Hochschule Pforzheim University of Applied Sciences ; Hrvatska akademija znanosti i umjetnosti (HAZU), 2021, pp. 673-685. https://urn.nsk.hr/urn:nbn:hr:227:905964

Chicago 17th Edition

Pavić Kramarić, Tomislava, Marko Miletić and Ivica Kusić. "The influence of COVID-19 pandemic on Croatian life insurance market." In IMR 2021 : Interdisciplinary management research XVII, 673-685. Osijek: Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku ; Hochschule Pforzheim University of Applied Sciences ; Hrvatska akademija znanosti i umjetnosti (HAZU), 2021. Accessed 2024 July 31. https://urn.nsk.hr/urn:nbn:hr:227:905964

Harvard

Pavić Kramarić, T., Miletić, M. and Kusić, I. (2021) 'The influence of COVID-19 pandemic on Croatian life insurance market', IMR 2021 : Interdisciplinary management research XVII, Osijek: Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku ; Hochschule Pforzheim University of Applied Sciences ; Hrvatska akademija znanosti i umjetnosti (HAZU), pp. 673-685. Available at: https://urn.nsk.hr/urn:nbn:hr:227:905964 (Accessed 31 July 2024)

Vancouver

Pavić Kramarić T, Miletić M, Kusić I. The influence of COVID-19 pandemic on Croatian life insurance market. IMR 2021 : Interdisciplinary management research XVII. Osijek: Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku ; Hochschule Pforzheim University of Applied Sciences ; Hrvatska akademija znanosti i umjetnosti (HAZU); 2021. Pp. 673-685. [cited 2024 July 31] Available at: https://urn.nsk.hr/urn:nbn:hr:227:905964

IEEE

T. Pavić Kramarić, M. Miletić and I. Kusić, "The influence of COVID-19 pandemic on Croatian life insurance market", IMR 2021 : Interdisciplinary management research XVII Osijek: Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku ; Hochschule Pforzheim University of Applied Sciences ; Hrvatska akademija znanosti i umjetnosti (HAZU), 2021. [Online] Available at: https://urn.nsk.hr/urn:nbn:hr:227:905964 [Accessed: 31 July 2024]

Cite this item: https://urn.nsk.hr/urn:nbn:hr:227:905964

Metadata

Title (english)	The influence of COVID-19 pandemic on Croatian life insurance market
Author	Tomislava Pavić Kramarić
Author	Marko Miletić
Author	Ivica Kusić
Author's institution	University of Split University Department of Forensic Sciences
Author's institution	University of Split (University Department of Professional Studies)
Scientific / art field, discipline and subdiscipline	SOCIAL SCIENCES Economics
Abstract (english)	The novel coronavirus pandemic has had numerous negative consequences on different aspects of human life and the economy. Therefore, the authors wanted to see how the closing of social and economic activities and imposed measures have affected insurance companies’ activities conducting life insurance business in Croatia. For this purpose, quarterly panel data for the first three quarters of 2020, 2019, and 2018 are employed. To test how the COVID-19 outbreak has affected the Croatian life insurance market, we have employed quarterly year-on-year gross written premium growth expressed as a percentage, insurance density, and insurance depth that serves as dependent variables level of development of the insurance market. Moreover, independent variables comprise several COVID-19 confirmed cases, number of COVID-19 death cases, coronavirus dummy variable, and year-on- year quarterly GDP growth rate. After conducting static panel analysis, the results reveal that coronavirus dummy variable, taking value one if confirmed cases of COVID-19 disease every quarter are reported and 0 otherwise, negatively affects the level of life insurance market development.
Keywords (english)
Language	english
Publication type	Scientific paper - Original scientific paper
Publication status	Published
Peer review	Peer review
Publication version	Published version
Publication title	IMR 2021 : Interdisciplinary management research XVII
Numbering	pp. 673-685
p-ISSN	1847-0408
URN:NBN	urn:nbn:hr:227:905964
Publication	2021
Conference	Title: 17th Interdisciplinary Management Research Acronym: IMR 2021 Location: Opatija, Croatia Start date: 2021-05-13 End date: 2021-05-15 Assembly type: Lecture
Type of resource	Text
Publisher	Osijek: Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku ; Hochschule Pforzheim University of Applied Sciences ; Hrvatska akademija znanosti i umjetnosti (HAZU)
Access conditions	Open access
Terms of use
Created on	2024-06-20 08:03:12

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