Insurance market in Lithuania is evolving yet, but this process is quite rapid.
The destination of this work – analysis of non life insurance in Lithuania, which we will dispense, when we will interpret statistical information of insurance, also we will analyze paying capacity of non life insurance companies. Insurance companies calculate future’s contribution using data of past period. It would be better to correct contribution according to predictive future’s number of contracts and loss. So the number of contracts and loss, signed by Lithuanian insurance companies each quarter, are studied as time series. Several time series models were created for three principal kinds of insurance (Motor Third Party Liability Insurance, Land vehicles other than railway rolling stock Insurance, Property Insurance) and the one that meets the reality best was selected.
We will analyze variation of number of non life insurance companies, number of paid losses, number of signed contributions and number of contracts. After analyses of Insurance market’s indicators, we get strong tendency that Insurance market becomes more stable.
After analysis of insurance companies’ paying capacity we got, that two close private companies - “Baltic Polis” and “Industrijos garantas” – was close to bankrupt in 2004 year.
After forecasting number of Motor Third Party Liability Insurance’s and Land vehicles other than railway rolling stock Insurance’s contracts we got that Autoregressive model is the best for... [to full text]
| Identifer | oai:union.ndltd.org:LABT_ETD/oai:elaba.lt:LT-eLABa-0001:E.02~2006~D_20060606_150230-24295 |
| Date | 06 June 2006 |
| Creators | Rinkevičiūtė, Laima |
| Contributors | Karpickaitė, Valerija, Janilionis, Vytautas, Barauskas, Arūnas, Rudzkis, Rimantas, Saulis, Leonas, Valakevičius, Eimutis, Navickas, Zenonas, Venclovienė, Jonė, Aksomaitis, Algimantas Jonas, Pekarskas, Vidmantas Povilas, Kaunas University of Technology |
| Publisher | Lithuanian Academic Libraries Network (LABT), Kaunas University of Technology |
| Source Sets | Lithuanian ETD submission system |
| Language | Lithuanian |
| Detected Language | English |
| Type | Master thesis |
| Format | application/pdf |
| Source | http://vddb.library.lt/obj/LT-eLABa-0001:E.02~2006~D_20060606_150230-24295 |
| Rights | Unrestricted |
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