METHODICAL APPROACHES TO MODELING THE LEVEL OF COMPANIES’ CAPITALIZATION ON THE MARKET OF AGRICULTURAL INSURANCE
Journal Title: Вісник Одеського національного університету. Економіка. - Year 2017, Vol 22, Issue 10
Abstract
Sources of formation, use and distribution of the capital were investigated according to the companies’ operation in the insurance market. By using the production the Cobb-Douglas function, the evaluation of the capital needs of insurance companies was conducted, based on the potential development of agricultural insurance in the Ukraine. Proposals, to diversify the sources of replenishment the insurers’ capital, were formulated for the purpose of efficient distribution (redistribution) of risks and responsibilities between all subjects in the insurance process.
Authors and Affiliations
O. M. Vilenchuk, P. V. Pivovar
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