چکیده:
In this article, an attempt is made to examine the position of the insurance institution in the capital market by reviewing the experiences of several countries with advanced and developing financial markets. By comparing the position of insurance institutions with money market institutions and other capital market institutions, the position of insurance institutions and the country's financial market is analyzed, and policy recommendation solutions are provided for their more active presence in the country's financial market.
خلاصه ماشینی:
It is obvious that in this regard, insurance institutions and companies, which are important and primary institutions of the capital market and, according to available statistics and information, always and continuously have an active presence in advanced financial markets, will play a prominent and significant role.
Banks, non-bank financial institutions, the securities market (primary and secondary), insurance institutions, investment companies, pension funds, etc.
In a security-based financial structure, a major part of companies' financial needs is met in the capital market, while deposit-taking banks provide short-term loans and commercial banking services.
The high percentage of non-governmental sector deposits in GDP, which always constitutes more than 40 percent of GDP, indicates that the money market holds a very important role in the country's financial market (Chart No. 3).
Non-governmental sector deposits in the country's commercial and specialized banking network and its percentage share of GDP (in billion Rials) (Refer to the page image) Table No. 4 shows the statistics of stock trading volume, current value of the stock market, and the ratio of each to GDP.
Comparison of the performance of the insurance market, the money market, and the country's securities market (refer to the page image) In contrast, in the country's capital market, the most important tool is the shares of companies listed on the stock exchange, which has its own specific characteristics in terms of return and risk.