Open AccessBank-Insurance Integration Level In Ukraine: Science-Methodological Approach
Author(s) -
Hassan Obeid
Publication year - 2015
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.149
H-Index - 22
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v31i6.9481
Subject(s) - bancassurance , insurance industry , capital (architecture) , business , capital requirement , actuarial science , intermediary , life insurance , economics , insurance policy , finance , general insurance , insurance law , microeconomics , geography , archaeology , incentive
The methodological approach to the assessment of bank-insurance integration (BII) level in Ukraine based on the calculation of integration index using of binary characteristics and matrix analyses instruments is given in the following paper. The proposed approach considers the presence of part (full) integration of bank capital and insurance companies, and the connection between these financial intermediaries in spheres of life and risk insurance in terms of the absence of their mutual participation in capital (bancassurance). Our findings evidence a low value of BII level in Ukraine during 2002-2013 in conditions of the gradual integration processes’ acceleration and the appearance of new innovative forms of bank-insurance cooperation.