Assessment of Prospects for the Development of the Life Insurance Market in the Context of Reforming the Pension System
The aim of the presented research is to deepen the theoretical bases of and assess the prospects for the further development of the non-state pension sector in Ukraine, namely, life insurance companies as one of the participants in the pension system of the country. The level of development of non-s...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
PH "INZHEK"
2019-03-01
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| Series: | Problemi Ekonomiki |
| Subjects: | |
| Online Access: | http://www.problecon.com/export_pdf/problems-of-economy-2019-1_0-pages-170_175.pdf |
| _version_ | 1827364364944932864 |
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| author | Savytska Nataliia L. Zhyliakova Olena V. |
| author_facet | Savytska Nataliia L. Zhyliakova Olena V. |
| author_sort | Savytska Nataliia L. |
| collection | DOAJ |
| description | The aim of the presented research is to deepen the theoretical bases of and assess the prospects for the further development of the non-state pension sector in Ukraine, namely, life insurance companies as one of the participants in the pension system of the country. The level of development of non-state pension provision in Ukraine is analyzed. There calculated the life insurance coverage, taking into account the population aged 18 to 60, and the number of participants in non-state pension funds of Ukraine. A comparative analysis of financial services for the provision of supplementary pensions rendered by non-state pension funds, banking institutions, and life insurance companies is carried out. Based on the analysis, the competitive advantages of life insurers over other financial institutions that provide accumulative pension insurance services are formulated, which made it possible to identify prospects for the development of life insurance services in the context of reforming the pension system in Ukraine. As a result of the study, there set the tasks the implementation of which will allow life insurers using development opportunities and taking a leading position in the market for the provision of non-state pension insurance services. |
| first_indexed | 2024-03-08T08:07:58Z |
| format | Article |
| id | doaj.art-ec42493e8a09411a859e847e003bb26a |
| institution | Directory Open Access Journal |
| issn | 2222-0712 2311-1186 |
| language | English |
| last_indexed | 2024-03-08T08:07:58Z |
| publishDate | 2019-03-01 |
| publisher | PH "INZHEK" |
| record_format | Article |
| series | Problemi Ekonomiki |
| spelling | doaj.art-ec42493e8a09411a859e847e003bb26a2024-02-02T10:24:24ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862019-03-01139170175https://doi.org/10.32983/2222-0712-2019-1-170-175Assessment of Prospects for the Development of the Life Insurance Market in the Context of Reforming the Pension SystemSavytska Nataliia L.0Zhyliakova Olena V. 1Kharkiv State University of Food Technology and TradeKharkiv State University of Food Technology and TradeThe aim of the presented research is to deepen the theoretical bases of and assess the prospects for the further development of the non-state pension sector in Ukraine, namely, life insurance companies as one of the participants in the pension system of the country. The level of development of non-state pension provision in Ukraine is analyzed. There calculated the life insurance coverage, taking into account the population aged 18 to 60, and the number of participants in non-state pension funds of Ukraine. A comparative analysis of financial services for the provision of supplementary pensions rendered by non-state pension funds, banking institutions, and life insurance companies is carried out. Based on the analysis, the competitive advantages of life insurers over other financial institutions that provide accumulative pension insurance services are formulated, which made it possible to identify prospects for the development of life insurance services in the context of reforming the pension system in Ukraine. As a result of the study, there set the tasks the implementation of which will allow life insurers using development opportunities and taking a leading position in the market for the provision of non-state pension insurance services.http://www.problecon.com/export_pdf/problems-of-economy-2019-1_0-pages-170_175.pdfpension reformpension systemnon-state pension provisionpension insurance |
| spellingShingle | Savytska Nataliia L. Zhyliakova Olena V. Assessment of Prospects for the Development of the Life Insurance Market in the Context of Reforming the Pension System Problemi Ekonomiki pension reform pension system non-state pension provision pension insurance |
| title | Assessment of Prospects for the Development of the Life Insurance Market in the Context of Reforming the Pension System |
| title_full | Assessment of Prospects for the Development of the Life Insurance Market in the Context of Reforming the Pension System |
| title_fullStr | Assessment of Prospects for the Development of the Life Insurance Market in the Context of Reforming the Pension System |
| title_full_unstemmed | Assessment of Prospects for the Development of the Life Insurance Market in the Context of Reforming the Pension System |
| title_short | Assessment of Prospects for the Development of the Life Insurance Market in the Context of Reforming the Pension System |
| title_sort | assessment of prospects for the development of the life insurance market in the context of reforming the pension system |
| topic | pension reform pension system non-state pension provision pension insurance |
| url | http://www.problecon.com/export_pdf/problems-of-economy-2019-1_0-pages-170_175.pdf |
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