New Forms of the Competition in the Insurance Market of the Russian Federation

Alexander A. Tsyganov () and Denis V. Bryzgalov ()
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Alexander A. Tsyganov: Financial University under the Government of the Russian Federation
Denis V. Bryzgalov: Financial University under the Government of the Russian Federation

Finansovyj žhurnal — Financial Journal, 2014, issue 3, 141-149

Abstract: In article new types of the competition in the market of insurance services are considered. Author’s classification of the competition on insurance market with criterion use «subjects of the competition» is given. Are allocated the intra market and intermarket competition in the insurance market. Intramarket competition included competition between insurance companies (interinsurance) and the competition between the divisions of one insurance company (monoinsurance). The intermarket competitions subdivided into the financial and non-financial competition. Features of the traditional competition, the channel, the interspecific and the intermarket competition in the insurance market are analyzed and described. The assessment of the new types of competition impact the activities of insurance companies.

Keywords: competition in the insurance market; channel competition; intermarket competition; interspecific competition; tariff competition; program competition; consumer competition (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:140315:p:141-149

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