Bìznes Inform (Oct 2018)
The Analytical Study on Incomes of the Life Insurance Companies in Ukraine
Abstract
The article researches modern approaches to classification of the incomes of insurance companies. Incomes are systematized and characterized as a result of receipt of funds from various types of activity: operating, investment, financial. The structure of incomes of the companies-leaders at the market of life insurance of Ukraine, in particular "Grave Ukraina", TAS and MetLife is explored and analyzed. On the basis of determination of the aggregate share of the studied companies in the income structure of the life insurance market, the author confirms the status of the companies as market leaders. More than 60% of the income of the life insurance market has been formed in recent years precisely by these companies. The allocated general regularity for all researched companies is the annual increase of incomes from the basic operating activity, that is the incomes from realization of life insurance service. Further analytical research of incomes from realization of life insurance service in the context of types of life insurance contracts will provide an opportunity to define priority reserves for increase of incomes both of the companies-leaders in particular, and the life insurance market in general.
