Insurance research in Central, Eastern, and Southeastern Europe: What we can learn from XPRIMM data

Abstract

Central, Eastern, and Southeastern European insurance markets have garnered considerable research attention in recent years. Yet, that research has been constrained by a dearth of insurer‐level data. This paper highlights XPRIMM as a promising source of insurer data and uses this data set to provide an illustrative analysis of insurance prices in Central and Eastern Europe. We also discuss the limitations of XPRIMM data and efforts to overcome these limitations through the creation of a more comprehensive data set.

New perspectives on CESEE insurance markets

“…The disconnect between policymakers and the insurance industry further complicates matters, particularly in formulating effective public-private partnerships (PPPs) for managing catastrophic exposures. This divide is exacerbated by a lack of comprehensive data and policy research, critical for informed decision-making (e.g., Born & Bujakowski, 2022). The inception of the Eastern European Risk and Insurance Association (EERIA) signifies a proactive step toward addressing these challenges.…”