Key trends in insurance market competition analysis

D. S. Tulenty
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D. S. Tulenty: Moscow University of Industry and Finance

Journal of Modern Competition, 2008, issue 1, 113-122

Abstract: Insurance today is the most important factor contributing to the constant economy renovation, economic stability and social security. Being institutional investors, the insurance companies raise sufficient funds and make long-term investments that contribute to the economic development. Insurance companies are becoming increasingly important for the Russian economy. It becomes clear that the companies' operational efficiency is not just in the interests of the insurance agents; its increase will contribute to the welfare of all citizens. The insurance agents have to work in an environment which is full of various competitors. The article is about the insurance market competition analysis trends.

Date: 2008
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