Securitization of bank assets and insurance liabilities on the basis of the stock market potential
Olha Kozmenko and
Olena Pakhnenko
MPRA Paper from University Library of Munich, Germany
Abstract:
The convergence processes in the financial market have led to the emergence and development of new forms of interaction between the stock market, the insurance market and the banking sector. One of the main areas of convergence of the financial market segments is the use of securitization mechanism for refinancing of bank assets and liabilities of insurance companies under the contracts of catastrophic risks insurance. The paper conducts a comparative analysis of the two principal forms of securitization, studies the current level of securitization development in Ukraine and assesses the potential of the domestic stock market as one of the main growth factors for the securitization of banking assets and insurance liabilities.
Keywords: securitization; bank assets; insurance liabilities; stock market. (search for similar items in EconPapers)
JEL-codes: G22 (search for similar items in EconPapers)
Date: 2012-12-28
References: View complete reference list from CitEc
Citations:
Published in Insurance Markets and Companies: Analyses and Actuarial Computations 2.3(2012): pp. 35-39
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/50845/1/MPRA_paper_50845.pdf original version (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:50845
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().