土耳其保险公司统计分析预警模型外文翻译.docVIP

外文翻译 Early warning model with statistical analysis procedures in Turkish insurance companies Material Source: African Journal of Business Management Author: Isseveroglu Gulsun, Gucenme Umit Insurance companies are social entities organized to offload the financial risks encountered by individuals or firms. Individuals pay a premium and given the occurrence of specific events, receive remuneration for losses incurred. In addition, insurance companies contribute substantially to the national economy by using capital gathered through premiums for investment. The high potential for insurability and the rapid improvement of the insurance and pension sector have increased the visibility of the Turkish insurance market to foreign investors. Since the insurability rate has reached a saturation point in other countries, foreign investors began increasing their investments in developing countries beginning in 2006,with this investment continuing to grow in 2007.To further increase the efficiency and efficacy of the national insurance sector, it is very important to examine and analyse the sector data. Company profitability trends attract not only the attention of the shareholders, but also the attention of investors, creditors and auditing firms. Business failure is an unfavourable and costly event for society. In an environment with limited resources, business failure can mean the misallocation of resources and result in enormous economic and social costs. When a firm goes bankrupt, shareholders are usually the biggest losers. Operations such as measuring, evaluating and rating should be performed in order to better assess an insurance company’s financial potential. A trustworthy flow of income to the market, which might allow for increases in decision speed and quality, may be possible with the implementation of rating applications. In addition, the development of increasingly sophisticated computer technologies has enabled the use of statistical methods in several re