Template-Type: ReDIF-Article 1.0
Author-Name: Amir K. Sembekov
Author-Email: amir_sembekov@mail.ru
Author-Workplace-Name: Karaganda Economic University of Kazpotrebsoyuz, Karaganda 100009, Kazakhstan
Author-Name: Yeraly G. Budeshov 
Author-Email: yeraly_budeshov@mail.ru
Author-Workplace-Name: Karaganda Economic University of Kazpotrebsoyuz, Karaganda 100009, Kazakhstan
Title: Sectoral Competitiveness of the Insurance Markets of the EAEU Countries: Criteria and Evaluation
Abstract: This article examines the issues of assessing the competitiveness of the national insurance markets of
the EAEU. It also analyzes the main criteria characterizing the level of competitiveness of the national insurance market in the conditions of the integration union. As a result of the research, the main competitive advantages and weak positions of the national insurance markets are identified in the context of each country, based on the application of the methodology for assessing the competitive advantages of the insurance markets of the EAEU member countries through the «competitiveness polygon». Using economic and mathematical modeling the authors estimate the influence of factors of the industry competitiveness of the insurance markets in the conditions of the integration space of the EAEU. Measures aimed at enhancing competitive advantages in the activities of insurance companies and forming a competitive national insurance market of the Eurasian Union are proposed at the end of the article.
Classification-JEL: G22
Keywords: competitiveness, competitive advantages, concentration of insurance market, density of insurers, market penetration, insurance market indicators, assets, equity, insurance premiums, Herfindahl-Hirschman index
Journal: Finansovyj žhurnal — Financial Journal
Pages: 84-93
Issue: 2
Year: 2018
Month: April
DOI: 10.31107/2075-1990-2018-2-84-93
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2018/2/statii_2018_2/fm_2018_2_07.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:180207:p:84-93