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Impact Assessment Of Various Factors On Financial Stability Of Insurance Company

Table 4:

Name of indicator Key indicator significance level βi Group of factors Fi Degree of influence ai Specific degree of influence аi Sp.
1. international events 4.2 Political and legal factors 4.13 0.126
2. tax policy 2.5
3. regulation of the insurance market 5.7
4. inflation rate 7.1 Economic factors 6.475 0.198
5. concentration level of the insurance market 6.4
6. state of economic development of the country 8
7. dynamics of the percentage of bank deposits 4.4
8. level of insurance fraud on the part of policyholders 2 Social factors 4.6 0.140
9. level of income of the population 7.2
10. dependence on the reinsurance market 1.5 Finance 5 0.153
11. equity 3.9
12. insurance reserves 7.2
13. sustainability of the insurance portfolio 8.6
14. sustainability of the investment portfolio 2.1
15. level of costs of doing business 3.8
16. amount of insurance premiums collected 7.9
17. tariff policy 7.7 Customers 6.6 0.201
18. service maintenance 5.9
19. sales policy 6.9
20. assortment of insurance products 4.6
21. image of the insurer 7.9
22. use of information technology 6.4 Internal business processes 5.95 0.182
23. formation of personnel policy 5.5
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