THE LIFE INSURANCE COMPANIES AS PARTICIPANTS IN THE FINANCIAL MARKET

Miloshevikj, Bratislav and Gogoski, Risto and Trpkoska, Aneta (2016) THE LIFE INSURANCE COMPANIES AS PARTICIPANTS IN THE FINANCIAL MARKET. In: XIII INTERNATIONAL SCIENTIFIC CONFERENCE ON SERVICE SECTOR INSCOSES 2016, OHRID 06-07 OCTOBER 2016.

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Abstract

Financial market represents a mechanism that contributes to optimal allocation of funds and thus enables the balancing of supply and demand of money and capital. Life insurance helps in mobilizing long-term funds placed on financial markets, and this allows achievmg rapid development of the financial perspective sector and growth of economic activity. Insurance companies, as major investors are important participants in the financial market, primarily in the capital market. Its significance and activity mirrored by providing financial stability and strengthening of competition in the financial market. The animal insurance provides an efficient way to reduce financial uncertainty and provides a sense of financial stability, thereby contributing to further strengthening the financial market. Life insurance as a major factor in the austerity stimulates economic growth, with the help of funds collected from insurers based on premium and achieved substantial cash Means that financed important projects which are of important aspect of economic development on the state. Fact for the future of life insurance companies is to take the position of leading financial mvestors because they have a large amount of money to invest in different segments of the financial market.
Keywords: insurance premium, life insurance, financial market, financial funds.

Item Type: Conference or Workshop Item (Paper)
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Tourism and Hospitality
Depositing User: Mr Bojan Sekulovski
Date Deposited: 08 Nov 2017 14:52
Last Modified: 13 May 2019 09:48
URI: https://eprints.uklo.edu.mk/id/eprint/941

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