Digest Finance
 

Investing Activity of Insurance Companies: Opportunities, Prospects and Development Course

Vol. 24, Iss. 1, MARCH 2019

PDF  Article PDF Version

Received: 18 May 2018

Received in revised form: 7 June 2018

Accepted: 27 June 2018

Available online: 29 March 2019

Subject Heading: Insurance

JEL Classification: G22, G23

Pages: 84-95

https://doi.org/10.24891/df.24.1.84

Kozlova O.N. Kemerovo State University (KemSU), Kemerovo, Russian Federation
kozlova_o_n@mail.ru

ORCID id: not available

Kalacheva E.A. Kemerovo State University (KemSU), Kemerovo, Russian Federation
elena-kalacheva@mail.ru

https://orcid.org/0000-0002-3344-9993

Kalacheva I.V. Kemerovo State University (KemSU), Kemerovo, Russian Federation
irinakalacheva@mail.ru

https://orcid.org/0000-0002-6530-473Х

Subject The research focuses on the investing activity of insurance companies, evaluates development opportunities and interaction with other actors of financial markets.
Objectives The research examines opportunities for investing activities of insurers, substantiates prospects and aspects for further improvement.
Methods We applied analytical and statistical methods.
Results We reviewed the opportunities of the Russian insurers to develop their investing activities, focusing on trends in insurance premiums, growth in insurance reserves and equity, accumulation of capital and premiums in the insurance market, interpenetration of the insurance and banking sectors. The article points out key aspects to invest in and provides the rationale.
Conclusions and Relevance The Russian insurers have good opportunities for investing activities as life insurance reserves and capital increase. Bank deposits will remain the main financial vehicles. The banking sector becomes more reliable and lucrative for insurers, allowing them to make a marketable and reliable portfolio, albeit less profitable. Trust management may take the leas among other services. Optimizing the investment portfolio through trust management, entities will gain a profitable investment option, though a more risk one.

Keywords: investing activity, insurer, insurance market, investment portfolio

References:

  1. Timofeeva T.V., Mazanova E.V. [Issues of statistical estimation of the investment potential of insurance companies]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2007, vol. 6, iss. 2, pp. 45–54. URL: Link (In Russ.)
  2. Nikulina N.N., Mamykina N.N., Berezina S.V. [Modeling basics and algorithm of building the optional investment portfolio of the insurance organization]. Vestnik Moskovskogo universiteta MVD Rossii, 2016, no. 1, pp. 187–192. URL: Link (In Russ.)
  3. Kozlova O.N., Kotova O.N., Litvinova E.Yu. [Urgent problems of life insurance and their decision with use of marketing approach]. Ekonomicheskie i gumanitarnye nauki = Economic Science and Humanities, 2017, no. 5, pp. 75–88. (In Russ.)
  4. Mayo H.B. Basic Finance: An Introduction to Financial Institutions, Investments, and Management. South-Western College Pub, 2011, 720 p.
  5. Abramov A.E., Akshentseva K.S., Chernova M.I. et al. Ekonomika investitsionnykh fondov [Economics of investment funds]. Moscow, Delo Publ., 2015, 720 p.
  6. Mazaeva M.V., Balakhnina T.A. Simbioz bankov i strakhovshchikov kak neobkhodimost’ v sovremennykh ekonomicheskikh usloviyakh. V kn.: Ekonomicheskoe povedenie uchastnikov finansovogo rynka v usloviyakh tsiklicheskogo razvitiya ekonomiki [Cooperation of banks and insurers as a need in modern economic circumstances. In: Economic behavior of the financial market actors during the cyclic development of economy]. Tyumen', Tyumenskii gosudarstvennyi universitet Publ., 2013, pp. 233–240. (In Russ.)
  7. Rozhdestvenskaya T.E., Guznov A.G. Finansovo-pravovoe regulirovanie bankovskoi deyatel'nosti [Financial and legal regulation of banking activities]. Moscow, Prospekt Publ., 2016, 445 p.
  8. Korolevich O.P. [Integration of the Russian stock market into the global securities market]. Finansovye issledovaniya = Financial Research, 2010, no. 2, pp. 86–93. URL: Link (In Russ.)
  9. Larionov A.V. [Regulation of the structure of the insurance portfolio as a mechanism to reduce the risks of insurance companies]. Mir novoi ekonomiki = World of the New Economy, 2018, no. 2, pp. 40–47. URL: Link (In Russ.)
  10. Astapov K.L. [Prospects of trust management in the Russian Federation: reform based on international experience]. Den'gi i kredit = Money and Credit, 2015, no. 4, pp. 33–37. URL: Link (In Russ.)

View all articles of issue

 

ISSN 2311-9438 (Online)
ISSN 2073-8005 (Print)

Journal current issue

Vol. 24, Iss. 2
June 2019

Archive