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Prediction of macroeconomic indicators of the insurance market development in the Sverdlovsk region in 2010 with application of the simulation modeling method

Irina Vedmed ()

Economy of region, 2010, vol. 1, issue 2, 207 - 212

Abstract: Key parameters characterizing a level of development of insurance business in a region are the following indicators: insurance density and insurance penetration. To analyze the level of the given indicators for the market of the Sverdlovsk region in 2010, methods of simulation modeling have been applied. Two assumptions concerning probabilistic distribution of initial parameters have been considered in the issue; the given parameters are: normal distribution and level distribution.

Keywords: insurance; regional insurance market; insurance density; insurance penetration; simulation modeling (search for similar items in EconPapers)
Date: 2010
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