Management of changes in the insurance industry in the conditions of climate crisis

Nagaichuk, Nelia; Шабанова, Олена Вікторівна; Tretiak, Natalia; Marenych, Anatoliy; Chepeliuk, Hanna

doi:10.1051/e3sconf/202016613006

Cited by 5 publications

(4 citation statements)

References 2 publications

(4 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Besides, the perspectives for the development of the insurance market in Ukraine will depend on further improvement of the legal base regulating not only insurance, but also all activities, including the development of private pension insurance, life insurance, health insurance, mortgage lending, banking and their impact on insurance, as well as on the creation of a favorable system of the institution of insurance intermediaries, improving the insurance culture and increasing confidence in insurers (Muzyka, 2008).…”

Section: Resultsmentioning

confidence: 99%

International Experience of Administration in the Insurance Area and Possibility of Its Application on Ukraine

Rusetskyi¹,

Zagorska

Ivanova

et al. 2020

View full text Add to dashboard Cite

The objective of the article is: 1) to study the experience of foreign countries on the organization of insurance activities; 2) to determine the feasibility of introducing international practices into the national insurance system. For this purpose, the authors used the following methods of scientific cognition: dialectical, comparative analysis and bibliographic. The authors of the paper have analyzed the experience of foreign countries on the organization of insurance activities; have determined the feasibility of implementing legal norms and successful international practices and methods into national insurance system. The historical stages of the development of insurance management, as well as the current forms and methods of its implementation have been studied. It has been emphasized that the sphere of insurance activity is quite an important component in the system of public administration and country’s economy in general. That is the reason that we admit it extremely necessary to provide the national insurance area with the necessary conditions for its further development, in particular, it is offered to accomplish this through more flexible and high-quality legal regulation. Besides, the state policy on administration in the field of insurance should be aimed at: the formation of an insurance market with a highly developed infrastructure and a wide range of insurance services; adaptation of the Ukrainian insurance market to the world requirements of financial regulation and supervision; cooperation with European and international organizations; harmonization of national legislation in the field of insurance with international standards, etc.

show abstract

Section: Resultsmentioning

confidence: 99%

International Experience of Administration in the Insurance Area and Possibility of Its Application on Ukraine

Rusetskyi¹,

Zagorska

Ivanova

et al. 2020

View full text Add to dashboard Cite

show abstract

“…In recent years, the insurance sector has undergone many transformations and innovations. Technological development has led to the birth of the Fintech industry (Chueca Vergara & Ferruz Agudo, 2021), and climate and regulatory changes have led to the emergence of new risks and therefore new needs to be met, such as combating climate change, managing cybersecurity/cyber risks, and financial and liability risks (Nagaichuk et al, 2020). In this context, Enterprise X started along a path to change its BM, embedding sustainable development and CSR into its corporate purpose.…”

Section: Case Analysismentioning

confidence: 99%

The transition towards benefit corporations: What are the roles for stakeholders?

Riso,

Tallaki,

Bracci

et al. 2023

Bus Strat Env

View full text Add to dashboard Cite

A benefit corporation (BC) is the legal status of an enterprise that embraces a dual‐purpose business model (BM) of maximising shareholder value while satisfying stakeholders' interests. The literature so far has focussed on the motivations beyond the birth or transformation of BC, the factors that can favour the emergence of BCs, and the results companies achieve after the transformation, as well as studies on the new BCs' legislation. Other studies have examined how the duality of purpose (profit vs. social benefits) can be composed, and the risks of a mission drift favouring profit maximisation in BCs. By drawing on stakeholder theory, this study aims to highlight the role of stakeholders in the process of transformation from a traditional for‐profit BM to a BC model. We adopt a qualitative approach through a longitudinal case study to observe the transition of a small‐medium enterprise into a BC. The results show how management and engagement practices coexist in the relationships with stakeholders and how an instrumental approach prevails.

show abstract

“…The first possible explanation is that institutional investors are not a homogeneous group which confirm (H2). The second explanation is that insurance companies are more vulnerable to climate change (Nagaichuk et al, 2020). In 2017, after the devastating passage of cyclone Irma and Maria on Saint-Martin, Saint-Barthélemy, Martinique and Guadeloupe, insurers recorded 33 000 claims for a total cost estimated at 910 million euros and a final cost that could reach 2 billion euros (Le Monde, AFP, 2017).…”

Section: Logistic Regressionmentioning

confidence: 99%

Institutional Investors and Public Authority Ownership Impact on Green Bonds Issue: Evidence from France

Ballouk¹,

Mefteh‐Wali²,

Tabbah³

et al. 2023

Journal of Innovation Economics &Amp; Management

View full text Add to dashboard Cite

Distribution électronique Cairn.info pour De Boeck Supérieur. © De Boeck Supérieur. Tous droits réservés pour tous pays.La reproduction ou représentation de cet article, notamment par photocopie, n'est autorisée que dans les limites des conditions générales d'utilisation du site ou, le cas échéant, des conditions générales de la licence souscrite par votre établissement. Toute autre reproduction ou représentation, en tout ou partie, sous quelque forme et de quelque manière que ce soit, est interdite sauf accord préalable et écrit de l'éditeur, en dehors des cas prévus par la législation en vigueur en France. Il est précisé que son stockage dans une base de données est également interdit.

show abstract

Management of changes in the insurance industry in the conditions of climate crisis

Cited by 5 publications

References 2 publications

International Experience of Administration in the Insurance Area and Possibility of Its Application on Ukraine

International Experience of Administration in the Insurance Area and Possibility of Its Application on Ukraine

The transition towards benefit corporations: What are the roles for stakeholders?

Institutional Investors and Public Authority Ownership Impact on Green Bonds Issue: Evidence from France

Contact Info

Product

Resources

About