The Economic Role of the Insurance Sector in the Risk Transfer - Capital Market Nexus

This study aimed to find out the role of financial analysis using financial models to predict the financial stumble on the Saudi public utilities sector. The study was based on the financial analysis of the financial lists published by the sample of the study of the Gas and Manufacturing Company (Gasco) and the Saudi Electricity Company listed in the Saudi Capital Market Authority. During the period (2009-2018) I followed the descriptive analytical approach. The study found the effectiveness of the Abdul Rahman model to predict the financial stumble on the public utilities sector, and the low effectiveness of the Altman model and the Kida model to predict financial stumbles on the utility sector. The study also recommended encouraging audit offices to add financial analysis services to the possibility of predicting and addressing financial stumbles, directing companies using financial models that help predict financial stumbles, encouraging investors to use financial models that help predict financial stumbles to make the right decision, and directing researchers in the study of financial default forecasting on the insurance sector using the Abdul Rahman model.

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The role of the Capital Market Authority in protecting the insurance sector in Oman

Journal of Arts and Social Sciences [JASS] ◽

10.24200/jass.vol9iss3pp49-61 ◽

2019 ◽

Vol 9 (3) ◽

pp. 49

Author(s):

Amel Kamel Abdallah

Keyword(s):

Capital Market ◽

Codes Of Conduct ◽

Code Of Conduct ◽

Insurance Companies ◽

Sultanate Of Oman ◽

Insurance Law ◽

Insurance Sector ◽

Role Based ◽

The Capital Market

In 2004 the responsibilities of the insurance sector was transferred from the Ministry of Commerce and Industry to the Capital Market Authority (CMA) in order to develop and restructure the legislative and regulatory nature of this sector. CMA has exercised its role based on the provisions of the Insurance Law to protect the financial ability of insurance companies. The insurance law grants powers to the executive president of the CMA to ensure that insurance companies can satisfy their financial obligations. The question arises as to the limits and effectiveness of these powers. CMA also regulates the conduct of insurance companies by a cluster of regulations issued under the title of Code of Conduct. The question arises to the mandatory nature of these codes. The study includes an analysis of the role of the CMA in protecting the insurance sector in the Sultanate of Oman through the mechanisms of guaranteeing the financial ability of the insurance companies as well as an analysis of the legal and mandatory nature of the codes of conduct issued by CMA.

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Role of Capital Market in the Economic Development of Pakistan

PsycEXTRA Dataset ◽

10.1037/e719822011-006 ◽

2009 ◽

Author(s):

Abdul Majeed Shuja

Keyword(s):

Economic Development ◽

Capital Market

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External Factors of Big Business Transformation in Russia

Voprosy Ekonomiki ◽

10.32609/0042-8736-2005-10-72-89 ◽

2005 ◽

pp. 72-89 ◽

Cited By ~ 1

Author(s):

Ya. Pappe ◽

Ya. Galukhina

Keyword(s):

Financial Market ◽

Capital Market ◽

Business Groups ◽

External Factors ◽

Big Business ◽

Business Transformation ◽

Global Standards ◽

The World ◽

Principal Subject

The paper is devoted to the role of the global financial market in the development of Russian big business. It proves that terms and standards posed by this market as well as opportunities it offers determine major changes in Russian big business in the last three years. The article examines why Russian companies go abroad to attract capital and provides data, which indicate the scope of this phenomenon. It stresses the effects of Russian big business’s interaction with the world capital market, including the modification of the principal subject of Russian big business from integrated business groups to companies and the changes in companies’ behavior: they gradually move away from the so-called Russian specifics and adopt global standards.

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The A.R.T. of Risk Management: Alternative Risk Transfer, Capital Structure, and the Convergence of Insurance and Capital Markets (a review)

Financial Analysts Journal ◽

10.2469/faj.v59.n1.2507 ◽

2003 ◽

Vol 59 (1) ◽

pp. 107-108

Author(s):

Mark S. Rzepczynski

Keyword(s):

Risk Management ◽

Capital Structure ◽

Capital Markets ◽

Risk Transfer ◽

Alternative Risk Transfer ◽

Management Alternative ◽

Transfer Capital

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AN EMPIRICAL STUDY OF INDIAN INSURANCE INDUSTRY POST GLOBAL FINANCIAL CRISIS

GBAMS- Vidushi ◽

10.26829/vidushi.v6i01-02.9723 ◽

2015 ◽

Vol 6 (01-02) ◽

Author(s):

Anis Ur Rehman ◽

Yasir Arafat Elahi ◽

Sushma .

Keyword(s):

Financial Crisis ◽

Global Financial Crisis ◽

Insurance Industry ◽

Primary Data ◽

Policy Recommendations ◽

Insurance Sector ◽

The World ◽

The Impact ◽

The New Deal

India has recently emerged as a major political and economic power in the world. The financial crisis that engulfed the world in 2008 needed developing countries like India to lead the rescue and recovery, instead of G7 westerns countries who dealt with such crisis in the past. Recently, discussions and negotiations are going amongst G20 countries regarding a new global financial architecture (G-20 Summit, 2008). The outcome will affect the relevant industries in India and hence it is a public interest issue for the actuarial profession in the country. Increased and more intrusive and costly regulations and red tapes are likely to be a part of the new deal (Economic Survey 2009-10). The objective of this paper is to study the perception of higher level authorities in Insurance sector regarding the role of regulator in minimizing the impact of global financial crisis. The primary data has been collected from 200 authorities in insurance industry. The data has been analyzed with statistical tools like MS-Excel. On the basis of the findings, various measures and policy recommendations for insurers have been suggested to minimize the impact of crisis.

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