Empirical analyses for financial convergence of Russian insurance market

Результат исследований: Научные публикации в периодических изданияхстатья

2 Цитирования (Scopus)

Выдержка

This paper analyses peculiarities of Russian insurance market development, the factors of convergence that lay behind the Russian insurance market. Concerns a brief review of financial convergence, its impact on the insurance business, development of Russian insurance market. The purpose of the paper is to find whether there is a diminution of dispersion of performance among Russian regional and federal insurance companies. Research methodology is based on testing the set of selected Russian insurance companies for σ-convergence or divergence. Selected companies represent maximum regional coverage of Russian Federation. Authors study balance sheet data of chosen federal and regional insurance companies for sigma-convergence and conclude that there are regional disproportions in the development of Russian insurance market, centralization of administrative and financial recourses that causes the weakness of regional players. Ideas suggested in this paper can help regulator in the decision-making process for improving situation and formation of insurance services demand in the country.

Язык оригиналаанглийский
Страницы (с-по)198-208
Число страниц11
ЖурналEconomy of Region
Номер выпуска3
DOI
СостояниеОпубликовано - 1 янв 2014

Отпечаток

insurance
insurance company
market
insurance business
balance sheet
recourse
centralization
divergence
decision-making process
business development
Russia
market development
coverage
Insurance market
cause
demand
methodology
decision making
performance
Insurance companies

Предметные области Scopus

  • Бизнес, управление и бухгалтерский учет (разное)
  • Бизнес, управление и бухгалтерский учет (все)
  • Науки об окружающей среде (разное)
  • Науки об окружающей среде (все)
  • Социальные науки (все)
  • Экономика, эконометрия, и финансы (все)

Цитировать

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title = "Empirical analyses for financial convergence of Russian insurance market",
abstract = "This paper analyses peculiarities of Russian insurance market development, the factors of convergence that lay behind the Russian insurance market. Concerns a brief review of financial convergence, its impact on the insurance business, development of Russian insurance market. The purpose of the paper is to find whether there is a diminution of dispersion of performance among Russian regional and federal insurance companies. Research methodology is based on testing the set of selected Russian insurance companies for σ-convergence or divergence. Selected companies represent maximum regional coverage of Russian Federation. Authors study balance sheet data of chosen federal and regional insurance companies for sigma-convergence and conclude that there are regional disproportions in the development of Russian insurance market, centralization of administrative and financial recourses that causes the weakness of regional players. Ideas suggested in this paper can help regulator in the decision-making process for improving situation and formation of insurance services demand in the country.",
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Empirical analyses for financial convergence of Russian insurance market. / Belozyorov, Sergey Anatolyevich; Pisarenko, Zhanna Viktorovna.

В: Economy of Region, № 3, 01.01.2014, стр. 198-208.

Результат исследований: Научные публикации в периодических изданияхстатья

TY - JOUR

T1 - Empirical analyses for financial convergence of Russian insurance market

AU - Belozyorov, Sergey Anatolyevich

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AB - This paper analyses peculiarities of Russian insurance market development, the factors of convergence that lay behind the Russian insurance market. Concerns a brief review of financial convergence, its impact on the insurance business, development of Russian insurance market. The purpose of the paper is to find whether there is a diminution of dispersion of performance among Russian regional and federal insurance companies. Research methodology is based on testing the set of selected Russian insurance companies for σ-convergence or divergence. Selected companies represent maximum regional coverage of Russian Federation. Authors study balance sheet data of chosen federal and regional insurance companies for sigma-convergence and conclude that there are regional disproportions in the development of Russian insurance market, centralization of administrative and financial recourses that causes the weakness of regional players. Ideas suggested in this paper can help regulator in the decision-making process for improving situation and formation of insurance services demand in the country.

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