1Phd student of Financial Engineering, Department of Management, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran
2MSc of Management, Department of Management, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran
3MSc of Management, Department of Management, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran
4Phd student of Marketing Management, Young Researchers and Elite Club, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran
*Corresponding Email: nbaran85@yahoo.com
Online published on 3 October, 2018.
One of the most important sectors of the economy of each country is capital market. Economic growth can lead to the development and prosperity of the capital market. On the other hand to achieve the desired economic development, without existence of effective financial institutions and appropriate equipment of financial resources, it is impossible. In this regard, efficient financial systems through seeking information about investment opportunities, integrate and mobilize savings, monitoring investments and exert corporate governance can facilitate the exchange of goods and services, distribution and risk management, reducing transaction costs and data analysis may lead to better allocation of resources and ultimately economic growth. Insurance companies and generally insurance industry in each country is the most important and active financial institutions operating in the financial market especially capital markets in addition to securing economic activity could have basic role in mobility of financial markets and providing funds to invest in the economic activity through the provision of insurance services. In this study, successful financial services of insurance and investment funds in insurance companies such as Dana, Alborz, and Asia have been studied in Tehran. According to the hypothesis, there is a significant correlation between successful implementation of insurance services and money and capital financial markets. There is a significant correlation between different types of insurance services (institution-building, instrument making, and general insurance policies) and money and capital financial markets.
Insurance services, money and capital financial markets