Life insurance and causes of death
Bibliographic entry
Arych, Mykhailo. Life insurance and causes of death / Mykhailo Arych, Mariia Levon // Мировая экономика и бизнес-администрирование малых и средних предприятий : материалы 16-го Международного научного семинара, проводимого в рамках 18-ой Международной научно-технической конференции «Наука – образованию, производству, экономике», 26 марта 2020 года, Минск, Республика Беларусь / Белорусский национальный технический университет. – Минск : Право и экономика, 2020. – С. 208-209.
Abstract
The paper analyses theimpact of causes of death (number of people who died from different causes of death) on financial indicators of the life insurance market (total gross premiums and gross claim payments) in Ukraine. The research model of this study was developed by reviewing the previous studies and include the calculations of such indicators a assurance penetration, life insurance market share, gross claim payments rate, life insurance claim payments rate, share of deaths by causes. Correlation - regression analysis was also performed to test scientific hypotheses. The analysis shows thatnumber of people who died from different causes of death has inversely proportional on total gross premiums and gross claim payments of the life in surance market in Ukraine.