L. Belinskaja, Dr., Associate Professor, M. Velickiene, PhD student, Vilnius University Influence of economic growth into insurance market development of Lithuania and Ukraine

The aim of the article is to evaluate the correlation between economic growth and development of Lithuanian and Ukrainian insurance markets. The authors tend to make an assessment which factors of countries economic development has an influence to insurance market development of Lithuania and Ukraine. Also it is calculated the correlation between these factors, and are given the prognosis for the future development of both markets.

Keywords: insurance market, development, economic growth, correlation, non-direct insurance indicators.

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