A Comparative Analysis of Insurance Business Development in Foreign Countries and Ukraine

Serhij Reverchuk, Tatyana Yavorska

Abstract


This article studies the modern tendencies of insurance business development in foreign countries and Ukraine. It suggests estimating the level of insurance business development in the countries by using the calculation of indices with their integral index calculated. Analytical calculations enable one to rank the countries in compliance with the speed of insurance business development.


Keywords


insurance business, integral index of development, risks, insurance companies, insurance premiums volume, reinsurance

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