Received:
2019-02-15 | Accepted:
2019-08-10 | Published:
2019-12-15
Title
Statistical methods in investment insurance
Abstract
The economy of Kazakhstan is becoming more and more integrated into the global economy every year, and this process will continue. Kazakhstan’s accession to the WTO has opened the insurance market to foreign insurers even more. At the same time, foreign companies have more experience in conducting insurance operations and actively apply the latest economic and statistical methods for assessing and managing risks. In the Republic of Kazakhstan, the practice of risk management of the insurance company is not widespread, which makes the results of this study relevant and of practical importance.The development of the insurance business is associated with attracting investment. In these conditions, company management is faced with a difficult task: on the one hand, they are interested in attracting additional capital to develop and improve the reliability of the business, and on the other hand, investors demand a return on invested capital no less than alternative investments can bring. Therefore, in order to answer the challenge, you need to be able to calculate the optimal amount of attracted capital, adequate to the risks of the company. The development of methods to optimize the investment strategy is an urgent problem for the development of the Kazakhstan insurance market, the solution of which is also reflected in this article.
Keywords
insurance, statistical methods, insurance market
JEL classifications
G22
, G24
URI
http://jssidoi.org/jesi/article/458
DOI
Pages
1582-1598
This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License
Authors
S. Seifullin Kazakh Agro Technical University, Astana, Kazakhstan
http://kazatu.kz
Ekibastuz Technical and Engineering Institute named after Academician K. Satpayev, Ekibastuz, Kazakhstan
https://eitiedu.com
Ekibastuz Technical and Engineering Institute named after Academician K. Satpayev, Ekibastuz, Kazakhstan
https://eitiedu.com
Ekibastuz Technical and Engineering Institute named after Academician K. Satpayev, Ekibastuz, Kazakhstan
https://eitiedu.com
Journal title
Entrepreneurship and Sustainability Issues
Volume
7
Number
2
Issue date
December 2019
Issue DOI
ISSN
ISSN 2345-0282 (online)
Publisher
VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania
Cited
Article views & downloads
HTML views: 3148 | PDF downloads: 1592
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