Cognitive modeling of reinsurance flows on the global reinsurance market

Abstract

The article studies one of the areas of the world globalization processes – formation, interaction and regulation of financial flows of world reinsurers. Mathematical formalization of the relationships of countries’ reinsurance flows is proposed to be built on the basis of cognitive maps and correlation analysis. Identification of relevant areas of global reinsurers’ development is conducted on the basis of indicators of consonances of mutual influence, interaction and centralization.

Keywords

• centralization of interaction
• cognitive maps
• global reinsuranse market
• interaction between concepts
• nonlinear programming of consonances of mutual influence
• reinsurance activity