Evaluating Hybrid Products: The Interplay Between Financial and Insurance Markets

Subject. The article investigates and quantifies factors of insurance markets functioning in Russian regions, and reveals possibilities to manage them. Objectives. The purpose of the study is to substantiate regional factors that determine the specifics of regional insurance market development; to quantify them to increase the efficiency of regional insurance. Methods. The study draws on statistical methods, functional analysis, algorithm development, correlation and regression analysis. Results. I calculated coefficients of pair and multiple correlation with the indicators of insurance markets in the context of the subjects of the Russian Federation, and composed regression equations. Based on the analysis, I determined the algorithm for inverse effect of the insurance market on the economic, social, fiscal and environmental performance of the region, offered appropriate measures aimed at developing the economic potential of the region and its social sphere. Conclusions. The paper considers the case of the Republic of Khakassia, one of depressed subjects in the Siberian Federal District. The developed models can be used for other regions of Russia, given the geographical and economic features of development. The findings may help generate regional strategies for socio-economic development at the country level. The scientific contribution and the novelty of the work consist of systematizing and quantifying the factors affecting the insurance mechanisms of regional markets, and assessing the inverse effect of insurance mechanisms on integrated development of the region.

Download Full-text

For Life or Death : Local Culture and State in Shaping Life Insurance Markets in Mainland China, Taiwan, and Hong Kong

Asia Review ◽

10.24987/snuacar.2018.02.7.2.e.137 ◽

2018 ◽

Vol 7 (2) ◽

pp. 137-162

Author(s):

Cheris Shun-ching Chan

Keyword(s):

Hong Kong ◽

Life Insurance ◽

Mainland China ◽

Local Culture ◽

Insurance Markets

Download Full-text

Tools for Investing in the “Green” Economy: World Experience and Prospects in Russia

Economy of agricultural and processing enterprises ◽

10.31442/0235-2494-2020-0-11-46-50 ◽

2020 ◽

pp. 46-50

Author(s):

N.I. Chovgan ◽

◽

O.S. Akupiyan ◽

Keyword(s):

Financial Market ◽

Financial Institutions ◽

Capital Market ◽

Capital Flows ◽

Green Economy ◽

Financial Resources ◽

Insurance Markets ◽

Market Mechanisms ◽

Research Areas ◽

Reproduction Process

The development of the modern capital market and innovative technologies, including in the financial sector, creates the need to expand the research areas of the reproduction process and individual mechanisms that support it. Financial institutions are constantly required participants in responsible financing. Investors’ expectations regarding investments in environmental production and technologies reorient capital flows to these areas, and schemes for attracting financial resources and distributing risks in the process of implementing the principles of sustainable development are considered as unified. The article analyzes transformations and reviews the existing experience of forming appropriate mechanisms, justifies the functioning of the most effective ones. Among the investment and financial mechanisms of the “green” economy, the most important are budget investment mechanisms and financial market mechanisms. The mechanisms of the stock, credit and insurance markets are identified as components of the financial market mechanisms.

Download Full-text