This study compares the development of insurance markets in countries such as Portugal, Italy, Greece and Spain to mature markets in countries such as the UK and Germany during the 2007 financial crisis. Markets are examined from the product innovation perspective. The market in a country is assessed using taxonomic measures, such as distance and similarity. Markets are described by a set of features divided into five groups: market structure, technical sphere, finance and investment, effectiveness, and product. The measures are calculated at two points in time, 1997 and 2010. The data were gathered from publications of the World Bank, European Union Commission (statistics offices), National Polish Bank and insurance associations. The financial crisis has slowed the speed of market development and influenced other spheres. In countries like Greece and Portugal, progress was even slower than in post-Soviet states, like Poland. The crisis has not imposed structural changes within the selected markets and the influence of the crisis is visible. The sectors were not very innovative, particularly in the product sphere. The literature on the influence of the crisis on insurance is contradictory. This study’s novelty is that it applies multidimensional analysis when comparing insurance-market innovativeness and development.

中文翻译：

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面对2007年金融危机的欧洲保险市场

本研究将葡萄牙、意大利、希腊和西班牙等国家的保险市场发展与 2007 年金融危机期间英国和德国等国家的成熟市场进行了比较。从产品创新的角度考察市场。一个国家的市场是使用分类方法评估的，例如距离和相似性。市场由一组特征描述，分为五组：市场结构、技术领域、金融和投资、有效性和产品。这些措施是在 1997 年和 2010 年两个时间点计算的。数据来自世界银行、欧盟委员会（统计局）、波兰国家银行和保险协会的出版物。金融危机减缓了市场发展的速度，并影响了其他领域。在希腊和葡萄牙等国家，进展甚至比波兰等后苏联国家还要慢。危机并未在选定的市场内造成结构性变化，危机的影响是显而易见的。这些部门不是很创新，特别是在产品领域。关于危机对保险影响的文献是相互矛盾的。本研究的新颖之处在于它在比较保险市场创新和发展时应用了多维分析。