strategy
Developing insurance industry
Synonyms:
Advancing underwriting services Context:
Four major trends influenced the insurance industry in the nineties : concentration of insurance markets, as increased competition pushes companies to find a future as "multinational" or niche players; steady growth of the industry, led by life insurers; life insurance domination; leadership of incorporated companies, as the founding principles of mutuals become difficult to uphold under the pressure of competition. Using largely harmonised sets of data for the first time, the second comprehensive report on insurance services in Europe published 8 October 1999 by Eurostat, Statistical Office of the European Communities, sheds light on this evolution. Broader:
Advancing Narrower:
Developing reinsuranceAdvancing insurance lawImproving insurance tradeTraining insurance industryDeveloping private insuranceForming insurance cooperativesNetworking life insurance companiesDeveloping insurance industry securityStrengthening national insurance marketsDeveloping cooperative insurance servicesDeveloping cooperative insurance servicesExchanging data on insurance supervisory servicesAccounting environmental factors in insurance costs Facilitates:
Choosing to viaticateProviding insurance servicesProtecting insurance consumersInsuring international investment Facilitated by:
Regulating insuranceDisposing of insurance fundsPrivatizing state insurance enterprisesAbolishing unethical insurance practicesReducing protectionism in the insurance industry Organizations:
BIPAR - European Federation of Insurance Intermediaries Subjects:
Social Activity → ServicesCommerce → Insurance
Industry → Industry
Development → Development
Type Classification:
D: Detailed strategies Related UN Sustainable Development Goals:
