ASPECTS ABOUT INSSURANCE MARKET EVOLUTION IN THE EUROPEAN UNION. CASE STUDY: BELGIUM, HUNGARY AND ROMANIA.

This paper aims to analyze the value of insurance premiums underwritten on the insurance market in the European Union in general and in 3 countries of the Union in particular, namely: Belgium, Hungary and Romania. It was analyzed if and how much the economic crisis had influenced the value of life and non-life premiums, during this period of time. From the analysis of financial results of the three countries we found several common features such as: concentration of insurance markets in the three countries. We also noticed that insurance premiums for motor insurance class hold an important place in the total underwriting of insurance premiums in the three countries reminded above. [ABSTRACT FROM AUTHOR]