ECONOMETRIC MODELING OF THE FACTORS OF DEVELOPMENT OF THE NATIONAL INSURANCE MARKET IN THE CONTEXT OF ECONOMIC TRANSFORMATION

The article examines the role of the insurance sector as a system-forming element of the financial infrastructure of the state. The importance of insurance mechanisms for ensuring macroeconomic stability and continuity of reproduction processes is substantiated. Based on panel data on countries with economies in transition for the period 2015-2023, an econometric analysis of the key determinants affecting the dynamics of gross insurance premiums was carried out. A multifactorial regression model has been built to quantify the contribution of macroeconomic indicators and investment activity to the development of the insurance market. Medium-term forecast scenarios are presented.