Sustainable Economy Instruments: Modeling the Insurance Market

DOI

10.2991/aebmr.k.211118.019How to use a DOI?

Keywords

Sustainable Development; Sustainable Economy; Insurance; Insurance Market Modeling; Sustainable Development Indicators

Abstract

The balanced development of the insurance market, based on modeling and forecasting, is an important factor in ensuring sustainable socio-economic development of the regional or national economy, a tool for social stability and protection of the population. The authors undertake an attempt to develop models for predicting the main indicators of the insurance market in conjunction with the key indicators of a sustainable economy. The purpose of the study is to develop and substantiate the forecast of the main trends in the development of insurance as a factor in a sustainable economy, based on modeling its key indicators. The forecast values of indicators characterizing the development of the insurance market in the Russian Federation are obtained. The developed forecasting models of the main indicators of the insurance market can be used in the work of government bodies and insurance companies. The use of the proposed models enables us to develop a new strategy for the development of the insurance market, which will meet the interests of not only insurance companies, but also policyholders, ensuring sustainable development.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - A. Ilyukhin
AU  - S. Ilyukhina
AU  - E. Radkovskaya
PY  - 2021
DA  - 2021/11/29
TI  - Sustainable Economy Instruments: Modeling the Insurance Market
BT  - Proceedings of the Second Conference on Sustainable Development: Industrial Future of Territories (IFT 2021)
PB  - Atlantis Press
SP  - 104
EP  - 108
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211118.019
DO  - 10.2991/aebmr.k.211118.019
ID  - Ilyukhin2021
ER  -