Methodological aspects of forecasting demand for employment loss insurance

Opportunities of the financial risk insurance market in private insurance determine the role of insurance coverage in financial stability of households, since they are aimed at providing insurance coverage in the events of labour income loss. Moreover, forecasting transactions, including identifying predictors of insurance activity of the population, is of particular scientific and practical interest. The use of econometric methods made it possible to determine the influence of individual macroeconomic and private financial factors on the activity of policyholders in financial risk insurance covering loss of employment, as well as to present estimation equations of the forecast number of transactions in the corresponding segment of the national insurance services market. We have come to the conclusion about the heterogeneity of insurance behavior and the weak influence of specific macroeconomic factors on the number of unemployment insurance policies; for the purposes of the most accurate forecasting, it is necessary to build forecast models for regional insurance services markets. We consider the results obtained interim, which gave grounds to continue the study of the territorial markets for insuring financial risks of individuals - it is presented in the next independent publication.