Application of economic models to description of the regional insurance market

Vladimir Maksimov (), Svetlana Shipitsyna () and Vitaliy Levushkin ()
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Svetlana Shipitsyna: Department of Business and Economic Security of the Perm State University
Vitaliy Levushkin: JSC Prognoz

Economy of region, 2010, vol. 1, issue 4, 153 - 155

Abstract: As is well-known, development of the insurance industry involves a number of factors, which are incidental in nature. In addition, the insurance market is substantially affected by macroeconomic indicators of social development. Thereby, relevance of the issues related to quantitative and qualitative changes on the insurance market and definition of laws of its development have been increased. Modeling and forecasting of the Russian insurance market are currently neglected, and works dedicated to development of regional insurance markets are mostly insufficient. The authors of the present paper offer the econometric models to describe the regional insurance market by the example of the Perm region.

Keywords: insurance; insurance business; insurer; insurance premium; insurance payments; region insurance market; insurance potential of the region; socio-economic development of the region; insurance market model. (search for similar items in EconPapers)
Date: 2010
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