Academic literature on the topic 'Development of insurance'

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Journal articles on the topic "Development of insurance"

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Khabarov, V. I., M. S. Kolbina, and I. Yu Kushelev. "Innovative activity of insurance organizations: Course of development." Economics and Management 29, no. 2 (2023): 188–99. http://dx.doi.org/10.35854/1998-1627-2023-2-188-199.

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Aim. The presented study aims to develop a model for the innovative development of insurance in Russia based on an in-depth analysis of scientific papers, a survey of insurers, and the market situation.Tasks. The authors examine innovative development models in the insurance sector; identify problems affecting the introduction of innovations in the insurance business; analyze channels through which insurers purchase insurance products; test the hypothesis about insurers giving preference to digital channels when choosing insurance depending on age and gender; identify the most popular types of
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ugli, Toyirov Shahboz Ziyadullah. "INSURANCE MARKET DEVELOPMENT INDICATORS." European International Journal of Multidisciplinary Research and Management Studies 4, no. 10 (2024): 42–45. http://dx.doi.org/10.55640/eijmrms-04-10-06.

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Augustytė, Ugnė, and Daiva Jurevičienė. "DEVELOPMENT TRENDS OF GENERAL LIABILITY INSURANCE IN LITHUANIA." Ekonomika 90, no. 3 (2011): 136–50. http://dx.doi.org/10.15388/ekon.2011.0.930.

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The article deals with the situation of general liability insurance in Lithuania and its alteration, with an emphasis on the novelty of the topic. The essence of a particular insurance as well as the main insurable ranges in comparison with other types of insurance are reflected. The key problems related to general liability insurance in Lithuania are presented and discussed. A short overview of other countries’ experience is provided together with the nature of general liability insurance. The environment of general liability insurance and the key factors influencing it are discussed and high
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Madani, Assoc Prof Dr Filloreta, and Assoc Prof Dr Evelina Bazini. "Development of the Life Insurance Market in Albania." European Journal of Economics and Business Studies 8, no. 1 (2017): 38. http://dx.doi.org/10.26417/ejes.v8i1.p38-47.

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Life insurances occupy a small part in the insurance market in developing countries. The new age of the insurance industry and the level of the economic development in Albania make the life insurance market even more fragile. Factors affecting the development of this market are influenced by the economic growth and by other factors such as inflation, education of population, population growth, government policies, private investment, etc. In this article we will analyze using statistical methods the degree of the impact of the above factors in the life insurance market and we will also analyze
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Yadgarov, Akram Akbarovich. "NATIONAL INSURANCE MARKET DEVELOPMENT PROCESS AND PROSPECTS." Multidisciplinary Journal of Science and Technology 4, no. 7 (2024): 226–32. https://doi.org/10.5281/zenodo.13094384.

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<em>this </em><em>historical development processes, legal aspects and financial indicators of the insurance market of our country have been analyzed and researched in a comparative manner. The organizational, economic and legal aspects of the development of the insurance market are studied in detail. Proposals and recommendations for the prospective development of insurance activities in the country's insurance market have been developed.</em>
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Akhvlediany, Yu T. "Today’s Insurance Market and Prospects of Digital Insurance." Vestnik of the Plekhanov Russian University of Economics, no. 6 (November 25, 2024): 80–86. http://dx.doi.org/10.21686/2413-2829-2024-6-80-86.

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Russian insurance market has adapted to macro-economic and geo-political situation and now can be characterized by stable and sustainable development. The article studies today’s development of insurance market, identifies prospects of insurance service digitalization and analyzes digital maturity of insurance companies. The author advanced his own approach to finding ways of transforming insurance business with regard to global goals of insurance market development. A conclusion was drawn that digital technologies in insurance are essential for the efficiency of the finance system, as they fo
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Maylia Ardini, Vita, and Erlina Puspitaloka Mahadewi. "The Development of Health Insurance and Services in Indonesia." International Journal of Health and Pharmaceutical (IJHP) 2, no. 3 (2022): 440–46. http://dx.doi.org/10.51601/ijhp.v2i3.65.

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The study focus on the development and review of health insurance in Indonesia that is relatively new for most Indonesians because the term health insurance is not sufficient in the general vocabulary. Social health insurance is insurance that must be followed by all or part of the population (an example employees), to involved and contributions are not a nominal value but a percentage of the salary to be paid, and insurance benefits. Commercial health insurance is insurance sold by other insurance companies or institutions. The development of health insurance in Indonesia is very slow compare
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Vroege, Willemijn, Tobias Dalhaus, and Robert Finger. "Index insurances for grasslands – A review for Europe and North-America." Agricultural systems 168 (November 13, 2018): 101–11. https://doi.org/10.1016/j.agsy.2018.10.009.

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Grassland based farming systems are exposed to extreme weather events causing volatile farm incomes. Grazing and lacking yield measurements make it largely impossible to insure grassland production with traditional insurance products. In contrast, index insurance products have the potential to insure grasslands, as their payoff relies on an endogenous index that is highly correlated to, but independent of, the actual grass yield. To support future development of these products, we provide the first systematic overview of 12 index insurances put into practise for grasslands in Europe and North
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HNATENKO, O.A., and S.M. ESH. "Modern tendencies in the development of index insurance in Ukraine." Market Relations Development in Ukraine №4(215)2019 132 (June 13, 2019): 74–80. https://doi.org/10.5281/zenodo.3245113.

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The subject of the article is sum&ndash;total of theoretical and applied aspects of index insurance development in Ukraine. The aim of the research is verification of modern development of index insurance trends in Ukraine. Research methods. Scientific and special methods of empiric research are used: system; comparison; analogy. Research&rsquo;s results. Index insurance of agrarian risks is the most effective instrument that not only covers the losses of agrarian business through weather cataclysms but also provides stable development is described in the article. Industry of results applicati
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Prokopchuk, Olena, Olena Nepochatenko, Mykhaylo Malyovanyi, Serhii Sokoliuk, Oleksandr Rolinskyi, and Olga Ponomarenko. "Development of agricultural insurance in Ukraine." Insurance Markets and Companies 15, no. 2 (2024): 106–21. https://doi.org/10.21511/ins.15(2).2024.10.

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Agricultural insurance in Ukraine remains underdeveloped, characterized by fragmented progress and significant reliance on state support, necessitating a systematic, research-based approach for its advancement. The study evaluates the sector’s development from 2014 to 2023, employing general scientific methods of cognition. Abstract and logical methods were applied to summarize results and formulate conclusions, while comparative analysis facilitated the assessment of key trends. Graphical techniques were employed to enhance the visualization of data obtained. A monographic approach was adopte
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Dissertations / Theses on the topic "Development of insurance"

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Chitiyo, Fadzai Chitiyo. "Demand for non-life insurance: Evidence from select insurance markets in Africa." Master's thesis, University of Cape Town, 2017. http://hdl.handle.net/11427/27402.

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The impact of insurance market activity within financial development is gaining more attention in academia, as the sector experiences growth within emerging markets. This paper aims to understand which macro-economic and social variables impact the growth or decline of the non-life insurance sector broadly across Africa, with a view to provide recommendations to drive increased penetration across the region. The study examines the explanatory factors of non-life insurance demand in Africa, using annual data from 1990 to 2013 on 28 countries. Using Fixed Effects Panel Data Regression, the study
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Clarke, Daniel J. "Insurance design for developing countries." Thesis, University of Oxford, 2011. http://ora.ox.ac.uk/objects/uuid:4a1f1a29-e86f-4686-b0a7-e2abec621830.

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Over the last ten years there has been a renewed interest in providing agricultural insurance in developing countries. However, voluntary demand for unsubsidised insurance products has been low, particularly from the poorest farmers. Chapter One presents a model of rational demand for hedging products, where there is a risk of contractual nonperformance. Demand is characterised and bounded for risk averse and decreasing absolute risk averse decision makers. For constant absolute and relative risk averse utility functions, demand is hump-shaped in the degree of risk aversion when the price is a
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Mulenga, Ben. "Determinants of life insurance consumption: Evidence from Zambia." Master's thesis, Faculty of Commerce, 2021. http://hdl.handle.net/11427/32877.

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Life insurance has over the years emerged as one of the drivers of financial sector development. The savings mobilisation and financial intermediation functions have backed the growing importance of this investment source. Low penetration levels in Zambia have pointed to a vast untapped market and a potential source of financial sector development. Life insurance growth prospects in the country remain optimistic on the back of a growing population and increasing urbanisation. This study examined the impact of selected macroeconomic variables, namely income, inflation and financial development
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Wu, Xiaohong. "The development of foreign insurance business in China." Thesis, King's College London (University of London), 1998. https://kclpure.kcl.ac.uk/portal/en/theses/the-development-of-foreign-insurance-business-in-china(958af6ac-7be9-485c-b280-8cdf5807a6c1).html.

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Dorbor, Sylvia Saygbay Diamond. "Attribution-based parametric insurance: towards affordable premiums." Master's thesis, Faculty of Science, 2021. http://hdl.handle.net/11427/32627.

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To deal with the adverse impacts of climate change, index-based or parametric insurance has been recognized as an adaptation technique to compensate farmers for economic losses from extreme weather events. The insurance can be either private or sovereign. African Risk Capacity Insurance (ARC Ltd) offers the latter to African countries against drought events through contingency planning, risk pooling and transfer facilities. While the ARC insurance initiative seems promising, the current approaches used to estimate risk and determine premiums do not consider the change in risk from anthropogeni
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Bondarenko, O. Y., and L. V. Roienko. "Formation and development of the insurance market in Ukraine." Thesis, Університет Григорія Сковороди у Переяславі, 2020. https://er.knutd.edu.ua/handle/123456789/16431.

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Формування і розвиток страхового ринку України – це процес, що має багато спільного з аналогічним процесами інших країн. Досліджуючи питання розвитку страхового ринку в Україні упродовж п’ятнадцяти останніх років, можна дійти висновку, що його роль недооцінювалася.<br>Formation and development of the Ukrainian insurance market is the process that has a lot in common with similar processes in other countries. Studying the issue of insurance market development in Ukraine during last fifteen years, it can be concluded that its significance has been undervalued.
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Kaimu, Himeesora Irene. "A critical investigation of managing the standards development process for the life insurance industry in Namibia." Thesis, Rhodes University, 2003. http://hdl.handle.net/10962/d1003362.

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The development of standards for education and training is regarded as a very important activity by many countries. Any country that sets standards for education and training is trying to define its training system and avoid duplication of training by providers who do not see eye to eye. National standards are public documents accessible to anyone interested in education and training. Namibia introduced standards setting as a core activity of administering the National Qualifications Framework in 1996 after the passing of the Namibia Qualifications Act by parliament. This research attempts to
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Von, Wielligh S. P. J. "The development of a best practice framework for the formulation of overall audit strategies for insurance contracts and the related earnings of listed South African long-term insurers /." Link to the online version, 2005. http://hdl.handle.net/10019.1/1103.

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Schläpfer, Jörg. "Exploitation vs. Exploration Organization Development in the European Insurance Industry /." St. Gallen, 2006. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/03601648001/$FILE/03601648001.pdf.

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Leonard, Adrian Bruce. "The origins and development of London marine insurance, 1547-1824." Thesis, University of Cambridge, 2014. https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.707986.

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Books on the topic "Development of insurance"

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Corporation, Nigeria Reinsurance, ed. Insurance and development in Nigeria. Tanus Communications Ltd., 1993.

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Cull, Rober J. Deposit insurance and financial development. World Bank, Development Research Group, Finance, 2001.

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1944-, Wasow Bernard, and Hill Raymond D, eds. The Insurance industry in economic development. New York University Press, 1986.

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Yu, Benjamin T. Institutional development of the insurance industry. Published for the Hong Kong Centre for Economic Research [and] the Hong Kong Economic Policy Studies Forum by City University of Hong Kong Press, 1997.

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Vergara, William Fadul. Latin America : insurance and economic development. FASECOLDA, 1996.

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Yu, Benjamin T. Institutional development of the insurance industry. Published for the Hong Kong Centre for Economic Research [and] the Hong Kong Economic Policy Studies Forum by City University of Hong Kong Press, 1997.

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Agu, C. C. The insurance industry in Nigeria's economic development. Institute of European Finance, University College of North Wales, 1986.

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Company, A. M. Best, ed. Casualty loss reserve development series. A.M. Best Co., 1991.

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Outreville, J. François. Theory and practice of insurance. Kluwer Academic Publishers, 1998.

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Company, A. M. Best, ed. Casualty loss reserve development series. A.M. Best, 1995.

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Book chapters on the topic "Development of insurance"

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Majewska, Agnieszka. "Sustainable insurance." In Finance and Sustainable Development. Routledge, 2020. http://dx.doi.org/10.4324/9781003011132-6.

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Piccinno, Luisa. "Genoa, 1340–1620: Early Development of Marine Insurance." In Marine Insurance. Palgrave Macmillan UK, 2016. http://dx.doi.org/10.1057/9781137411389_2.

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Outreville, J. François. "Insurance and Economic Development." In Theory and Practice of Insurance. Springer US, 1998. http://dx.doi.org/10.1007/978-1-4615-6187-3_2.

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Petratos, Pythagoras, Anders Sandberg, and Feng Zhou. "Cyber Insurance." In Handbook of Cyber-Development, Cyber-Democracy, and Cyber-Defense. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-06091-0_25-1.

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Petratos, Pythagoras, Anders Sandberg, and Feng Zhou. "Cyber Insurance." In Handbook of Cyber-Development, Cyber-Democracy, and Cyber-Defense. Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-09069-6_25.

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Bell, John. "The Development of Tort Law." In Tort and Insurance Law. Springer Vienna, 2008. http://dx.doi.org/10.1007/978-3-211-77992-7_1.

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Zhang, Xiaodong. "Exploring Sustainable Development of Medical Insurance Industry to Help Multi-layered Medical Insurance System." In Global Health and Development. Springer Nature Singapore, 2023. http://dx.doi.org/10.1007/978-981-19-9450-0_31.

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Lefebvre, Bertrand. "Health Insurance Coverage in India." In Demographic Transformation and Socio-Economic Development. Springer Nature Switzerland, 2023. http://dx.doi.org/10.1007/978-3-031-47847-5_17.

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Hussels, Stephanie, Claire Sherman, Damian Ward, and Ralf Zurbruegg. "South and East Asian Insurance Market Growth and Development." In Handbook of International Insurance. Springer US, 2007. http://dx.doi.org/10.1007/978-0-387-34163-7_17.

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Jinlong, Guo, Hu Hongbing, Yang Tao, and Zhao Lan. "Development of Insurance and Consumer Finance." In Development of Consumer Finance in East Asia. Palgrave Macmillan US, 2017. http://dx.doi.org/10.1057/978-1-137-52418-8_6.

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Conference papers on the topic "Development of insurance"

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Tu, Binghao, and Chen Xie. "Developing an Insurance Model: Assessing Site-Specific Development Suitability." In 2024 5th International Conference on Machine Learning and Computer Application (ICMLCA). IEEE, 2024. http://dx.doi.org/10.1109/icmlca63499.2024.10753874.

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Tuum, Caroline, Maire Nurmet, and Katrin Lemsalu. "Exploring farmers’ decision for crop insurance." In 23rd International Scientific Conference. “Economic Science for Rural Development 2022”. Latvia University of Life Sciences and Technologies. Faculty of Economics and Social Development, 2022. https://doi.org/10.22616/esrd.2022.56.056.

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The existence of adverse weather conditions increases the production risks of farms through crop yields in the crop sector. One of the measures to mitigate the risks from the weather in agriculture is to insure crops. In the Estonian insurance market, crop insurance is available to farmers. Government-based crop insurance subsidies apply to crop insurance premium, but so far, there is little demand for it among farmers. The aim of the paper is to identify the terms of crop insurance that play a role in deciding in favour of crop insurance. A survey examines the factors related to the insurance
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Dziubetcaia, Tatiana. "Development trends of corporate insurance in the moldovan insurance market." In Modern finance from the perspective of sustainability of national economies. International Scientific Conference. Academy of Economic Studies, 2025. https://doi.org/10.53486/mfsne2024.11.

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In a market economy, each enterprise is responsible for its financial stability. To ensure comprehensive protection of an organization's interests, corporate insurance is used as one of the key tools for risk management. It addresses various issues, ranging from property protection to employee motivation and information security. Currently, this segment of the insurance market in Moldova is not as developed as it is abroad. However, demand for these services has been growing in recent years. Man-made disasters, fires, floods, and other risks make businesses seriously consider protecting their
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Georgievich, Kiselev Valeriy. "Financial Stability of the Insurance Company in Crop Insurance." In 2018 Eleventh International Conference "Management of large-scale system development" (MLSD 2018). IEEE, 2018. http://dx.doi.org/10.1109/mlsd.2018.8551801.

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Lai, Kuei-Kuei, and Calvin S. Weng. "The Isomorphic Development of Insurance." In PICMET '07 - 2007 Portland International Conference on Management of Engineering & Technology. IEEE, 2007. http://dx.doi.org/10.1109/picmet.2007.4349480.

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Japarova, Damira. "Compulsory Health Insurance in Kyrgyzstan: Problems and Development." In International Conference on Eurasian Economies. Eurasian Economists Association, 2016. http://dx.doi.org/10.36880/c07.01474.

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In Kyrgyzstan, the "compulsory health insurance" is not a true model of insurance. Mandatory contributions to compulsory health insurance (CHI) are a kind of state tax and state-funding of the health system. Employers are not motivated to support health insurance, as the payers don’t know how his payments are used. Therefore, the main contributors of CHI in Kyrgyzstan are public sector workers. Some people working in private sector, with higher incomes, is almost not covered by health insurance. Foreign citizens living in Kyrgyzstan are not able to insure their health. Therefore it is necessar
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Mazure, Gunita, and Lasma Mazure. "Property and casualty insurance market: assessment of trends and fraud cases in Latvia vs Europe." In 24th International Scientific Conference. “Economic Science for Rural Development 2023”. Latvia University of Life Sciences and Technologies. Faculty of Economics and Social Development, 2023. http://dx.doi.org/10.22616/esrd.2023.57.053.

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Property and casualty insurance as an umbrella term encompasses various insurance products that cover the risks of damage caused to the assets and provide the liability insurance. As insurance business is related with money people have always tried to perform illegal activities to earn extra income. Insurance fraud as a type of financial crime has existed since the origination of commercial business. Therefore, insurance fraud, its identification and prevention is one of the most topical and essential problems in the insurance industry. The research aim is to assess property and casualty insur
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Tarasova, Т. М., E. A. Sablina, and E. V. Dubkova. "DEVELOPMENT OF ONLINE INSURANCE IN RUSSIA." In Актуальные вопросы гуманитарных и общественных наук. Ассоциация содействия изучению и популяризации истории и социально-гуманитарных наук «Научно-исследовательский центр «Пересвет»; «Фора-принт», 2020. http://dx.doi.org/10.46987/0126122020_144.

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Kobzeva, N. D., R. S. Durov, E. V. Varnakova, and K. O. Kobzev. "CONNECTION OF INSURANCE AND MEDICAL LAW IN THE JUDICIAL PRACTICE OF MODERN RUSSIA." In STATE AND DEVELOPMENT PROSPECTS OF AGRIBUSINESS Volume 2. DSTU-Print, 2020. http://dx.doi.org/10.23947/interagro.2020.2.570-572.

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The article discusses in detail the relationship between insurance and medical law. On the basis of the analysis of normative-legal acts, as well as law enforcement practice, the conclusion is made about the significant role of territorial funds of medical insurance and insurance medical organizations in the protection of the citizen's right to its provision in the system of compulsory medical insurance.
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Jadhav, Ankita, Mayuri Kulkarni, Pranav Abute, and Prachi Rajarapollu. "Design & Development of Insurance Money Predictor to Claim with Insurance Company." In 2021 2nd Global Conference for Advancement in Technology (GCAT). IEEE, 2021. http://dx.doi.org/10.1109/gcat52182.2021.9587512.

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Reports on the topic "Development of insurance"

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Masci, Pietro, Ian Webb, and Luis Tejerina. Insurance Market Development in Latin America and the Caribbean. Inter-American Development Bank, 2007. http://dx.doi.org/10.18235/0009064.

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This paper provides an initial glimpse into the performance of the insurance industry in the region through the use of a broad diagnostic survey. It also provides some descriptive statistics based on survey data. Survey information is used to identify variables and factors affecting insurance market performance in Latin America and the Caribbean, forming the basis for a discussion of policy recommendations. The analysis is a first step toward identifying problems perceived to be of critical relevance to more effective insurance markets in the region.
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Robles, Miguel. Agricultural insurance for development: Past, present, and future. International Food Policy Research Institute, 2020. http://dx.doi.org/10.2499/9780896293830_17.

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Durante, Juan José, and Paul Moreno. Financial Market Development: Support from the Inter-American Development Bank Group 1990-2002. Inter-American Development Bank, 2003. http://dx.doi.org/10.18235/0008607.

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IDB Group involvement and support in the reform, modernization and deepening of financial markets in Latin America and the Caribbean targets banking intermediation, capital markets, insurance markets, pension systems, housing finance, and debt reduction.
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Adamopoulou, Effrosyni, Anne Hannusch, Karen Kopecky, and Tim Obermeier. Cohabitation, Child Development, and College Costs. Federal Reserve Bank of Cleveland, 2025. https://doi.org/10.26509/frbc-wp-202516.

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Why do US college-educated couples with children marry at higher rates than those without a college degree? We argue that investing in children is more valuable for college-educated couples, who are more likely to send their children to college. Marriage, which entails lower separation risk and more equal asset division if separation does occur, provides insurance to the lower-earning spouse, which facilitates child investment. Using an OLG model of marriage, cohabitation, wealth accumulation, and educational investments where college completion is risky, we find that insurance through marriag
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Eichengreen, Barry. Insurance Underwriter or Financial Development Fund: What Role for Reserve Pooling in Latin America? National Bureau of Economic Research, 2006. http://dx.doi.org/10.3386/w12451.

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Ovchinnikova, Julia Sergeevna. Trends in the development of judicial practice on civil liability insurance of vehicle owners. DOI СODE, 2021. http://dx.doi.org/10.18411/0255-7778-2021-87555.

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Tirapat, Sunti. Risk-based deposit insurance : an application to Thailand. Chulalongkorn University, 2000. https://doi.org/10.58837/chula.res.2000.19.

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This paper investigates the application of option pricing to calculate the premium of deposit insurance in Thailand during 1992-1996 period. In addition to applying the traditional Black-Scholes model, the barrier model of Boyle and Lee (1994) is examined. The barrier model takes the management (owners) action into account: the management (owners) may have strong incentive to increase the volatility of the bank’s assets since this action in crease the value of their equity. As suggested by the stylized evidence, most financial institutions in Thailand were owned by “family” and there was inade
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Wenner, Mark D. Agricultural Insurance Revisited: New Developments and Perspectives in Latin America and the Caribbean. Inter-American Development Bank, 2005. http://dx.doi.org/10.18235/0011212.

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The purpose of this paper is to provide Bank staff interested in agricultural yield insurance market development, public officials responsible for financial market policy formulation and supervision, and insurance industry practitioners in Latin America and the Caribbean with a basic primer on the topic, an overview of previous experiences, and a set of guidelines and recommendations on how to develop viable and sustainable agricultural yield insurance markets. The paper relies heavily on the data and analysis stemming from a regional technical cooperation project financed by the Spanish Trust
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Alves, Denisard, Paula C. Pereda, and Raquel Nadal. Agriculture and Adaptation to Climate Change: The Role of Insurance and Technology Dissemination in Brazilian Risk Management. Inter-American Development Bank, 2015. http://dx.doi.org/10.18235/0009255.

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This study examines potential policy instruments for agricultural climate change adaptation based on empirical analysis of a theoretical model for Brazil. Risk management approaches, such as agricultural insurance and research and development investments in technological change, particularly call for analysis. The results for a weather index effect on loss of profits and amount of insurance indicate that it is important to insure against droughts and against temperature extremes. In addition, extensive research and development investment is found to be necessary to mitigate the effects of clim
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Chaparro, Rodrigo, Maria Netto, Patricio Mansilla, and Daniel Magallon. Energy Savings Insurance: Advances and Opportunities for Funding Small- and Medium-Sized Energy Efficiency and Distributed Generation Projects in Chile. Inter-American Development Bank, 2020. http://dx.doi.org/10.18235/0002947.

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The Energy Savings Insurance Program seeks to promote investment in energy efficiency and distributed generation in Latin America, primarily through small- and medium-sized enterprises (SMEs). It focuses on developing an innovative scheme of guaranteed energy performance that mitigates project risk and generates investor confidence (ESI Model). The Inter-American Development Bank (IDB) facilitates the development of the ESI Program in alliance with the National Development Banks (NDBs). The ESI Model includes a contract for the supply, installation, and maintenance of equipment for generating
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