THEORETICAL AND METHODOLOGICAL APPROACHES TO THE ANALYSIS OF THE INSURANCE MARKET

Theoretical and methodological approaches to the analysis of the insurance market are presented as the detailed review of political-economical, systematic and reproductive approaches, which analysis allows exploring the insurance market in terms of its nature, structure and the elements, as well as identifying the conditions necessary for the effective development of the insurance market and strengthening of its relationship with the real economy. The political economy approach examines the insurance market as the system of economic relations based on the interests of the main and additional subjects of the insurance market. Development of the insurance economic relations is contributed by the organizational and economic relations. The systematic approach analyzes the structure of the insurance market, the nature of their interaction, the procedure of its arrangement and functioning.Reproduction approach involves the study of changes of the demand and offer of the insurance services, risk factors at the insurance market, changes in the conditions of insurance and reinsurance. This approach is the most productive in the development of the insurance market development.

insurance market, insurance, reinsurance, economic relations, subjects of the insurance market, organizational and economic relations, insurance, financial market, concentration of the insurance market, institutional regulation, differentiation of the insurance product, density of the insurance market