The Systemic Role of Monopolistic Enterprises in the Russian Insurance Market

The article discusses the role of monopolistic enterprises in the Russian insurance market. The methodological basis of the paper is the system and situational approaches aimed at assessing insurance as a stabilizing factor for industries that are of priority importance for the state. The informatio...

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Autores principales: Oborin M.S., Rainkhardt R.O.
Formato: article
Lenguaje:RU
Publicado: Ural State University of Economics 2018
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Acceso en línea:https://doaj.org/article/c6f235bccb5646ffb7c6a7617972559d
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spelling oai:doaj.org-article:c6f235bccb5646ffb7c6a7617972559d2021-12-02T05:44:46ZThe Systemic Role of Monopolistic Enterprises in the Russian Insurance Market10.29141/2218-5003-2018-9-3-62218-5003https://doaj.org/article/c6f235bccb5646ffb7c6a7617972559d2018-07-01T00:00:00Zhttp://upravlenets.usue.ru/images/73/6.pdfhttps://doaj.org/toc/2218-5003The article discusses the role of monopolistic enterprises in the Russian insurance market. The methodological basis of the paper is the system and situational approaches aimed at assessing insurance as a stabilizing factor for industries that are of priority importance for the state. The information base of the study is the statistics on the insurance market and expert forecasts about prospects and trends in its development. The authors perform the analysis using the case of the leader in industry insurance – AO “Atomic Insurance Broker”; we also study the effect for the specialized nuclear enterprises and justify the role in the sector’s economic stability. The research results demonstrate that the monoindustry insurer exerts a positive effect on the Russian economy, which results in reducing risks, covering losses and improving the quality of crisis management. We conclude that the special features of the Russian insurance market are attributed to specific problems of socio-economic development of the country and a rise in structural economic risks. Our analysis shows that, if there is a monopolistic insurer in the industry, a growing impact of the state serves as a stabilizing factor that positively affects the interrelated economic sectors.Oborin M.S.Rainkhardt R.O.Ural State University of EconomicsarticleINSURANCE MARKETMONOPOLISTIC ENTERPRISEINDUSTRY RISKCRISISLOSSCRISIS MANAGEMENTSTABILIZING FACTORBusinessHF5001-6182FinanceHG1-9999RUУправленец, Vol 9, Iss 3, Pp 32-39 (2018)
institution DOAJ
collection DOAJ
language RU
topic INSURANCE MARKET
MONOPOLISTIC ENTERPRISE
INDUSTRY RISK
CRISIS
LOSS
CRISIS MANAGEMENT
STABILIZING FACTOR
Business
HF5001-6182
Finance
HG1-9999
spellingShingle INSURANCE MARKET
MONOPOLISTIC ENTERPRISE
INDUSTRY RISK
CRISIS
LOSS
CRISIS MANAGEMENT
STABILIZING FACTOR
Business
HF5001-6182
Finance
HG1-9999
Oborin M.S.
Rainkhardt R.O.
The Systemic Role of Monopolistic Enterprises in the Russian Insurance Market
description The article discusses the role of monopolistic enterprises in the Russian insurance market. The methodological basis of the paper is the system and situational approaches aimed at assessing insurance as a stabilizing factor for industries that are of priority importance for the state. The information base of the study is the statistics on the insurance market and expert forecasts about prospects and trends in its development. The authors perform the analysis using the case of the leader in industry insurance – AO “Atomic Insurance Broker”; we also study the effect for the specialized nuclear enterprises and justify the role in the sector’s economic stability. The research results demonstrate that the monoindustry insurer exerts a positive effect on the Russian economy, which results in reducing risks, covering losses and improving the quality of crisis management. We conclude that the special features of the Russian insurance market are attributed to specific problems of socio-economic development of the country and a rise in structural economic risks. Our analysis shows that, if there is a monopolistic insurer in the industry, a growing impact of the state serves as a stabilizing factor that positively affects the interrelated economic sectors.
format article
author Oborin M.S.
Rainkhardt R.O.
author_facet Oborin M.S.
Rainkhardt R.O.
author_sort Oborin M.S.
title The Systemic Role of Monopolistic Enterprises in the Russian Insurance Market
title_short The Systemic Role of Monopolistic Enterprises in the Russian Insurance Market
title_full The Systemic Role of Monopolistic Enterprises in the Russian Insurance Market
title_fullStr The Systemic Role of Monopolistic Enterprises in the Russian Insurance Market
title_full_unstemmed The Systemic Role of Monopolistic Enterprises in the Russian Insurance Market
title_sort systemic role of monopolistic enterprises in the russian insurance market
publisher Ural State University of Economics
publishDate 2018
url https://doaj.org/article/c6f235bccb5646ffb7c6a7617972559d
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