GELİŞMİŞ VE YÜKSELEN EKONOMİLERDE EKONOMİK DALGALANMALARIN SİGORTA SEKTÖRÜNE DİNAMİK ETKİLERİ

Abstract

Çalışmada sigorta şirketlerinin pazar payı ile hayat ve hayat dışı sigorta primlerinin ekonomik faaliyet hacmindeki ciddi değişmelerden nasıl etkilendikleri araştırılmıştır. Gelişmiş ve yükselen ekonomilerden meydana gelen bir örneklem kullanılarak panel VAR modellerine dayalı analizler uygulanmıştır. Ulaşılan bulgular sigorta sektörünün ekonomik faaliyetlerdeki ciddi dalgalanmalardan olumsuz etkilendiği yönündedir. Genelde bu gibi şoklar krizleri takiben meydana geldiğinden, bu bulgular sigorta sisteminin krizlere karşı duyarlılığını da dolaylı olarak yansıtmaktadır. Sigorta sektöründeki şokların da ekonomiye yansımaları olabileceği yönünde bulgulara ulaşılmıştır. Ancak bunlar diğer bulgular kadar güçlü değildir. 

Keywords

• Sigorta Sektörü,Döngüler,Döngüsellik,Panel VAR Modelleri

DYNAMIC EFFECTS OF ECONOMIC FLUCTUATIONS ON THE INSURANCE SECTOR IN DEVELOPED AND EMERGING ECONOMIES

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. 

Keywords

• Insurance Industry,Business Cycles,Cyclicality

References

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