Unit-linked Insurances as an Element that Shapes the Savings Portfolio of Households in Poland after the Accession to the European Union
Unit-linked Insurances as an Element that Shapes the Savings Portfolio of Households in Poland after the Accession to the European Union

Author(s): Peter Adamišin, Ryszard Pukała
Subject(s): Evaluation research, Economic development, EU-Accession / EU-DEvelopment, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: household savings constitute; unit - linked; life insurance; mathematical model; multiple regression;
Summary/Abstract: Household savings constitute a very important factor that triggers the economic growth. Savings accumulation is also an element that shapes the pension policy system, particularly in the segment of individual, voluntary savings products that can be burdened with a considerable value impairment risk, which results from macroeconomic factors. This is a current problem in the face of the financial crisis, where diversification of household savings portfolio that provides security to households under changing economic conditions gains significance. The aim of this research is to present one of the constituents of this portfolio - unit-linked life insurances where the investment risk is borne by the policy holder - compared to other savings products available on the Polish market in the years 2004-2013.

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