Journals / İktisat Politikası Araştırmaları Dergisi / 2017 / Cilt: 4 Sayı: 2
DYNAMIC EFFECTS OF ECONOMIC FLUCTUATIONS ON THE INSURANCE SECTOR IN DEVELOPED AND EMERGING ECONOMIES
- Pages
- 1–18
- Publication Date
- 2017-07-30
- DOI
- —
Abstract
In the study, it was investigated how the insurance companies' market share and life and non- life insurance premiums are affected by the serious changes in the volume of economic activity. Analyzes based on panel VAR models have been performed using a sample collected from developed and emerging market economies. The findings indicate that insurance industry are adversely affected by serious fluctuations in economic activities. Since such shocks generally follow the crisis, these findings indirectly reflect the sensitivity of the insurance system to crises. Findings also show that shocks in the insurance sector may be the reflections of the economy. But these are not as strong as the other findings.
Özet
Çalı ş mada sigorta ş irketlerinin pazar payı ile hayat ve hayat dı ş ı sigorta primlerinin ekonomik faaliyet hacmindeki ciddi de ğ i ş melerden nasıl etkilendikleri ara ş tırılmı ş tır. Geli ş mi ş ve yükselen ekonomilerden meydana gelen bir örneklem kullanılarak panel VAR modellerine dayalı analizler uygulanmı ş tır. Ula ş ılan bulgular sigorta sektörünün ekonomik faaliyetlerdeki ciddi dalgalanmalardan olumsuz etkilendi ğ i yönündedir. Genelde bu gibi ş oklar krizleri takiben meydana geldi ğ inden, bu bulgular sigorta sisteminin krizlere kar ş ı duyarlılı ğ ını da dolaylı olarak yansıtmaktadır. Sigorta sektöründeki ş okların da ekonomiye yansımaları olabilece ğ i yönünde bulgulara ula ş ılmı ş tır. Ancak bunlar di ğ er bulgular kadar güçlü de ğ ildir.
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