Theoretical Aspects of Insurance for International Banks of Development

The article shows the importance of insurance for international banks of development in order to resolve social and economic problems of regional economy. The authors analyze figures of insurance markets of member-states of the Eurasian Economic Union and identify the acute lines of development of r...

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Autores principales: Y. A. Akhvlediany, G. A. Bunich, Yu. A. Rovenskiy
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Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2018
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Acceso en línea:https://doaj.org/article/fe87e147933145a1b5b9cf4da08b6971
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spelling oai:doaj.org-article:fe87e147933145a1b5b9cf4da08b69712021-11-15T05:20:47ZTheoretical Aspects of Insurance for International Banks of Development2413-28292587-925110.21686/2413-2829-2018-6-32-38https://doaj.org/article/fe87e147933145a1b5b9cf4da08b69712018-12-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/601https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The article shows the importance of insurance for international banks of development in order to resolve social and economic problems of regional economy. The authors analyze figures of insurance markets of member-states of the Eurasian Economic Union and identify the acute lines of development of regional banks. They put forward recommendations on theoretical basis of insurance for international banks of development, risk-management in the Eurasian Bank of Development and introduction of advanced insurance technologies. The role of insurance market and the banking sector in shaping the common finance market of member-states of the Eurasian Economic Union was shown. On the basis of analyzing the macro-economic standing of insurance markets in the EAEU the level of their development was identified. It was proposed to organize common reinsurance capacities on the EAEU territory, which could provide transparent and regulated conditions of reinsurance space of EAEU member-states functioning, extend the access to reinsurance, develop regional markets of member-states and remove barriers hindering integration of insurance markets of EAEU partners. The authors come to the conclusion about the importance of developing tools of the regional system of insurance protection in regional banks' work in conditions of EAEU infrastructure development. Through analyzing the volume of premiums and the amount of assets it was shown that Russian insurance market is the most developed market on the Eurasian territory and the insurance potential of banks depends on regional peculiarities and provision of advanced insurance technologies.Y. A. AkhvledianyG. A. BunichYu. A. RovenskiyPlekhanov Russian University of Economicsarticleregional banksfinance marketsinsurancebanking sectorinsurance marketfinance integrationbank-insuranceregional economyEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 6, Pp 32-38 (2018)
institution DOAJ
collection DOAJ
language RU
topic regional banks
finance markets
insurance
banking sector
insurance market
finance integration
bank-insurance
regional economy
Economics as a science
HB71-74
spellingShingle regional banks
finance markets
insurance
banking sector
insurance market
finance integration
bank-insurance
regional economy
Economics as a science
HB71-74
Y. A. Akhvlediany
G. A. Bunich
Yu. A. Rovenskiy
Theoretical Aspects of Insurance for International Banks of Development
description The article shows the importance of insurance for international banks of development in order to resolve social and economic problems of regional economy. The authors analyze figures of insurance markets of member-states of the Eurasian Economic Union and identify the acute lines of development of regional banks. They put forward recommendations on theoretical basis of insurance for international banks of development, risk-management in the Eurasian Bank of Development and introduction of advanced insurance technologies. The role of insurance market and the banking sector in shaping the common finance market of member-states of the Eurasian Economic Union was shown. On the basis of analyzing the macro-economic standing of insurance markets in the EAEU the level of their development was identified. It was proposed to organize common reinsurance capacities on the EAEU territory, which could provide transparent and regulated conditions of reinsurance space of EAEU member-states functioning, extend the access to reinsurance, develop regional markets of member-states and remove barriers hindering integration of insurance markets of EAEU partners. The authors come to the conclusion about the importance of developing tools of the regional system of insurance protection in regional banks' work in conditions of EAEU infrastructure development. Through analyzing the volume of premiums and the amount of assets it was shown that Russian insurance market is the most developed market on the Eurasian territory and the insurance potential of banks depends on regional peculiarities and provision of advanced insurance technologies.
format article
author Y. A. Akhvlediany
G. A. Bunich
Yu. A. Rovenskiy
author_facet Y. A. Akhvlediany
G. A. Bunich
Yu. A. Rovenskiy
author_sort Y. A. Akhvlediany
title Theoretical Aspects of Insurance for International Banks of Development
title_short Theoretical Aspects of Insurance for International Banks of Development
title_full Theoretical Aspects of Insurance for International Banks of Development
title_fullStr Theoretical Aspects of Insurance for International Banks of Development
title_full_unstemmed Theoretical Aspects of Insurance for International Banks of Development
title_sort theoretical aspects of insurance for international banks of development
publisher Plekhanov Russian University of Economics
publishDate 2018
url https://doaj.org/article/fe87e147933145a1b5b9cf4da08b6971
work_keys_str_mv AT yaakhvlediany theoreticalaspectsofinsuranceforinternationalbanksofdevelopment
AT gabunich theoreticalaspectsofinsuranceforinternationalbanksofdevelopment
AT yuarovenskiy theoreticalaspectsofinsuranceforinternationalbanksofdevelopment
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