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


Funding


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Omarkhanova, Zhibek
S. Seifullin Kazakh Agro Technical University, Nur-Sultan, Kazakhstan http://kazatu.kz
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Amerzhanova, Dinara
Ekibastuz Technical and Engineering Institute named after Academician K. Satpayev, Ekibastuz, Kazakhstan https://eitiedu.com
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Mardenova, Laura
Ekibastuz Technical and Engineering Institute named after Academician K. Satpayev, Ekibastuz, Kazakhstan https://eitiedu.com
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Zayakina, Anna
Ekibastuz Technical and Engineering Institute named after Academician K. Satpayev, Ekibastuz, Kazakhstan https://eitiedu.com
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Sartova, Rysty
Almaty Technological University, Almaty, Kazakhstan https://atu.kz
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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

Google Scholar

Article views & downloads

HTML views: 1078  |  PDF downloads: 483

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