The Structural Analysis of the Insurance System of Ukraine

The article is aimed, proceeding from the theoretical research and studies, at analyzing the content of the concept of «insurance system» and its structure, providing characterizations of the elements included in it. In the working process, the methodological approach to the structural analysis of i...

Full description

Bibliographic Details
Main Author: Voytovych Lyudmyla M.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2017-03-01
Series:Bìznes Inform
Subjects:
Online Access:http://www.business-inform.net/export_pdf/business-inform-2017-3_0-pages-283_287.pdf
_version_ 1818934088448344064
author Voytovych Lyudmyla M.
author_facet Voytovych Lyudmyla M.
author_sort Voytovych Lyudmyla M.
collection DOAJ
description The article is aimed, proceeding from the theoretical research and studies, at analyzing the content of the concept of «insurance system» and its structure, providing characterizations of the elements included in it. In the working process, the methodological approach to the structural analysis of insurance system was used and the system method was applied in order to define its essence and elements, which allowed studying the insurance system as a whole. The system method was applied for the generalizing, systematizing, and interpretation of results of the study on the insurance system of Ukraine, in combination with critical analysis. The obtained results allow to submit that an insurance system is a complex, which includes five main elements (insurance companies, reinsurance companies, branches of the non-resident insurers, mutual insurance societies, insurance and reinsurance pools). A methodology of determining the essence and structure of an insurance system has been elaborated that has provided the basic criteria (legislative origin, operating in the insurance market and purchasing risks with the subsequent insurance of these, «production» of the insurance products that can be sold to the insurance intermediaries), using of which can be reasonable in the assigning elements to an insurance system. Further theoretical studies of insurance system and its elements will contribute to the harmonization of the existing concepts and actualization of the new scientific issues, as well as development of new approaches in terms of the methodology of studying the insurance activity.
first_indexed 2024-12-20T04:58:43Z
format Article
id doaj.art-fe4364aeaaaa44eaa15eca54ad1d366a
institution Directory Open Access Journal
issn 2222-4459
2311-116X
language English
last_indexed 2024-12-20T04:58:43Z
publishDate 2017-03-01
publisher Research Centre of Industrial Problems of Development of NAS of Ukraine
record_format Article
series Bìznes Inform
spelling doaj.art-fe4364aeaaaa44eaa15eca54ad1d366a2022-12-21T19:52:38ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2017-03-013283287The Structural Analysis of the Insurance System of UkraineVoytovych Lyudmyla M. 0Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Banking and Insurance Business, Ivan Franko National University of Lviv The article is aimed, proceeding from the theoretical research and studies, at analyzing the content of the concept of «insurance system» and its structure, providing characterizations of the elements included in it. In the working process, the methodological approach to the structural analysis of insurance system was used and the system method was applied in order to define its essence and elements, which allowed studying the insurance system as a whole. The system method was applied for the generalizing, systematizing, and interpretation of results of the study on the insurance system of Ukraine, in combination with critical analysis. The obtained results allow to submit that an insurance system is a complex, which includes five main elements (insurance companies, reinsurance companies, branches of the non-resident insurers, mutual insurance societies, insurance and reinsurance pools). A methodology of determining the essence and structure of an insurance system has been elaborated that has provided the basic criteria (legislative origin, operating in the insurance market and purchasing risks with the subsequent insurance of these, «production» of the insurance products that can be sold to the insurance intermediaries), using of which can be reasonable in the assigning elements to an insurance system. Further theoretical studies of insurance system and its elements will contribute to the harmonization of the existing concepts and actualization of the new scientific issues, as well as development of new approaches in terms of the methodology of studying the insurance activity.http://www.business-inform.net/export_pdf/business-inform-2017-3_0-pages-283_287.pdfinsurance systeminsurance companiesreinsurance companiesbranches of the non-resident insurersmutual insurance societiesinsurance pools
spellingShingle Voytovych Lyudmyla M.
The Structural Analysis of the Insurance System of Ukraine
Bìznes Inform
insurance system
insurance companies
reinsurance companies
branches of the non-resident insurers
mutual insurance societies
insurance pools
title The Structural Analysis of the Insurance System of Ukraine
title_full The Structural Analysis of the Insurance System of Ukraine
title_fullStr The Structural Analysis of the Insurance System of Ukraine
title_full_unstemmed The Structural Analysis of the Insurance System of Ukraine
title_short The Structural Analysis of the Insurance System of Ukraine
title_sort structural analysis of the insurance system of ukraine
topic insurance system
insurance companies
reinsurance companies
branches of the non-resident insurers
mutual insurance societies
insurance pools
url http://www.business-inform.net/export_pdf/business-inform-2017-3_0-pages-283_287.pdf
work_keys_str_mv AT voytovychlyudmylam thestructuralanalysisoftheinsurancesystemofukraine
AT voytovychlyudmylam structuralanalysisoftheinsurancesystemofukraine