Data on Insurance Described by Researchers at Silesian University of Technology (Insurance market transparency research trends: Bibliometric analysis): Insurance

2024 JAN 05 (NewsRx) -- By a News Reporter-Staff News Editor at Health Policy and Law Daily -- Investigators publish new report on insurance. According to news reporting out of Silesian University of Technology by NewsRx editors, research stated, “Transparency is a fundamental necessity for the insurance market in the modern fast-changing and digital world. The study aims to establish, based on bibliometric analysis, the research trends and subject areas of the insurance market transparency, including the impact of digital technologies, regulatory initiatives, and the internal policies of insurance companies.”

The news reporters obtained a quote from the research from Silesian University of Technology: “A bibliometric analysis of papers published in the journals indexed by the Scopus database for the years 1988-2023 was conducted to achieve this goal. Five clusters have been identified based on the analysis of the shared use of keywords, demonstrating the multidisciplinary nature of the research subject. They cover government regulation and risk management; ethics; technological innovations in increasing transparency; transparency of prices and costs in health insurance; and state medical insurance transparency. The analysis of insurance market transparency trends has allowed identifying four key stages of development: post-crisis regulatory mechanisms (2013-2016), Solvency II regulation effectiveness (2017-2019), transparency during the pandemic (2020-2021), and the impact of digital innovations since 2021. Spatial clustering made it possible to identify five groups of countries whose representatives are co-authors of research on insurance market transparency. The leading countries in research on insurance market transparency are the USA, the UK, and Germany. AcknowledgmentThis research was funded by the Ministry of Education and Science of Ukraine (projects No. 0122U000774 ‘Digitalization and transparency of public, corporate and personal finance: the impact on innovation development and national security’, No.”

According to the news editors, the research concluded: “0123U101945 ‘National security of Ukraine through the prevention of financial fraud and money laundering: war and post-war challenges’). This research was funded under the research subsidy of the Faculty of Organization and Management of the Silesian University of Technology in Poland for the year 2023 (13/990/BK_23/0178).”

For more information on this research see: Insurance market transparency research trends: Bibliometric analysis. Insurance Markets and Companies, 2023,14(1):136-152. (Insurance Markets and Companies - https://businessperspectives.org/journals/insurance-markets-and-companies?cate). The publisher for Insurance Markets and Companies is LLC “CPC “Business Perspectives”.

A free version of this journal article is available at https://doi.org/10.21511/ins.14(1).2023.12.

Our news journalists report that more information may be obtained by contacting Aleksandra Kuzior, Ph.D., Habilitated Doctor, Professor, Department of Applied Social Sciences, Silesian University of Technology, Poland. Additional authors for this research include Liudmyla Zakharkina, Zuzana Kubašcikova, Victor Chentsov, Serhiy Lyeonov.

(Our reports deliver fact-based news of research and discoveries from around the world.)