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Underwriting cycle in Russia and macroeconomic indicators

Author

Listed:
  • Ilya Tetin

    (South Ural State University, Chelyabinsk, Russian Federation)

Abstract

Based on statistics for 2005–2014 and using correlation analysis and Granger causality test, the factors that potentially have impact on underwriting cycle in Russia are allocated. Significant econometric model in which fluctuations of loss ratio are described by indicator of government finance, fixed capital expenditures and by real wages indicator.

Suggested Citation

  • Ilya Tetin, 2015. "Underwriting cycle in Russia and macroeconomic indicators," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 65-83.
    • Handle: RePEc:ris:apltrx:0272
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    underwriting cycle; volatility; loss ratio; insurance market;
    All these keywords.

    JEL classification:

    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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