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https://www.um.edu.mt/library/oar/handle/123456789/29266
Title: | Models of assessment of the influence of insurance assets securitization on stability of mutual insurance societies |
Authors: | Tikhomirov, Nikolay Tikhomirova, Tatiana Khamitov, Eldar Ponomarev, Vladimir G. |
Keywords: | Insurance -- Russia Insurance law -- Russia Risk management -- Russia Financial institutions -- Russia Security (Law) -- Russia Financial risk management -- Russia Financial security -- Russia |
Issue Date: | 2017 |
Publisher: | University of Piraeus. International Strategic Management Association |
Citation: | Tikhomirov, N., Tikhomirova, T., Khamitov, E., & Ponomarev, V. (2017). Models of assessment of the influence of insurance assets securitization on stability of mutual insurance societies. European Research Studies Journal, 20(2B), 321-333. |
Abstract: | The article reviews approaches to assessing the effectiveness of the mechanism of insurance assets securitization used to enhance the financial stability of the mutual insurance society, determined by the level of probability of its default. The approaches are based on the methods of simulation modeling of the financial flows of the society formed taking into account the patterns of random payments, deterministic premiums, proceeds and securitization costs. Following the results of a series of simulation experiments, the peculiarities of the influence of securitization on stability of a MIS are identified, and recommendations for its use are justified. The estimates of the costs of structuring the transaction are obtained, based on which a certain minimum volumes of securitization are determined, at which its use is appropriate. |
URI: | https://www.um.edu.mt/library/oar//handle/123456789/29266 |
ISSN: | 11082976 |
Appears in Collections: | European Research Studies Journal, Volume 20, Issue 2, Part B |
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