Home  Journals  Financial Analytics: Science and Experience  22(208) - 2014 June

Performance of insurance markets of member countries of the Common Аrea Market Zone

Available online: 13 June 2014

Subject Heading: Insurance business

JEL Classification: 

Pages: 26-34

Due to the Common Free Market Zone (CFMZ) creation, an assessment of influence of the actions on development of the national markets agreed upon by the parties, emerges full blown, in particular, of the insurance ones. Based on the large statistical material, the article provides the comparative characteristics of the insurance markets development of three countries. The authors make conclusion that in case of opening of the insurance markets of the CFMZ member countries, the Russian insurance companies have obvious competitive advantages, though according to their opportunities (assets-size data, capital) the largest Belarusian and Kazakhstan insurers may well compete with them.

Keywords: insurance market, award, payments, assets, capital, reserves, reinsurance

References:

1. Committee on control and supervision of the financial market and financial organizations of the National bank of the Republic of Kazakhstan. Available at: Link. (In Russ.)
2. Kot A. Strakhovanie bez strakha i uprekov [Insurance without fear and reproaches]. Ekonomika Belarusi – Economy of Belarus, 2013, no. 4, pp. 52–59.
3. Ministry of Finance of Republic of Belarus. Available at: Link. minfin. gov.by. (In Russ.)
4. National bank of the Republic of Kazakhstan. Available at: Link. (In Russ.)
5. Central bank of the Russian Federation. Available at: http//cbr.ru.
6. Iushkevich O. Uskorennyi rost [The accelerated growth]. Finansy, uchet, audit – Finance, account, audit, 2013, no. 12, pp. 22–23.

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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