FINANCIAL STABILITY OF INSURANCE AND ITS SOURCES OF SUPPORT

The article describes theoretical aspects of determination of financial stability of insurance companies of Ukraine. It was found the main factors that influence the financial stability of insurance companies. Influencing factors are classified into internal and external and the effects of these fac...

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Main Authors: R. Pikus, M. Balytska
Format: Article
Language:deu
Published: Taras Shevchenko National University of Kyiv 2016-03-01
Series:Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка
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Online Access:http://bulletin-econom.univ.kiev.ua/wp-content/plugins/download-attachments/includes/download.php?id=7637
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author R. Pikus
M. Balytska
author_facet R. Pikus
M. Balytska
author_sort R. Pikus
collection DOAJ
description The article describes theoretical aspects of determination of financial stability of insurance companies of Ukraine. It was found the main factors that influence the financial stability of insurance companies. Influencing factors are classified into internal and external and the effects of these factors on insurers' activities are presented. The main criteria of financial stability of insurance companies were deeply analysed and the most significant were chosen: sufficient amount of equity capital, the optimal tariff policy, balanced insurance portfolio, secure and effective reinsurance program, sufficient amount of insurance reserves for future payments, optimal investment management of insurance reserves and high solvency of an insurance company. Basic directions of provision and maintenance of financial stability of insurance companies in post-crisis period were presented. The main problems of provision and maintenance of financial stability of insurance companies were outlined and recommendations for its strengthening were provided.
format Article
id doaj-art-4e506fc29bc84478a6610d019c085d93
institution Kabale University
issn 1728-2667
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language deu
publishDate 2016-03-01
publisher Taras Shevchenko National University of Kyiv
record_format Article
series Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка
spelling doaj-art-4e506fc29bc84478a6610d019c085d932025-08-20T03:48:36ZdeuTaras Shevchenko National University of KyivВісник Київського національного університету імені Тараса Шевченка. Серія Економіка1728-26672079-908X2016-03-01318061010.17721/1728-2667.2016/180-3/1FINANCIAL STABILITY OF INSURANCE AND ITS SOURCES OF SUPPORTR. Pikus0M. Balytska1 Taras Shevchenko National University of Kyiv, Kyiv, Ukraine Taras Shevchenko National University of Kyiv, Kyiv, Ukraine The article describes theoretical aspects of determination of financial stability of insurance companies of Ukraine. It was found the main factors that influence the financial stability of insurance companies. Influencing factors are classified into internal and external and the effects of these factors on insurers' activities are presented. The main criteria of financial stability of insurance companies were deeply analysed and the most significant were chosen: sufficient amount of equity capital, the optimal tariff policy, balanced insurance portfolio, secure and effective reinsurance program, sufficient amount of insurance reserves for future payments, optimal investment management of insurance reserves and high solvency of an insurance company. Basic directions of provision and maintenance of financial stability of insurance companies in post-crisis period were presented. The main problems of provision and maintenance of financial stability of insurance companies were outlined and recommendations for its strengthening were provided.http://bulletin-econom.univ.kiev.ua/wp-content/plugins/download-attachments/includes/download.php?id=7637insurance companyinsurer's financial stabilitysolvency of the insurance companythe sources provide the insurer's financial stability
spellingShingle R. Pikus
M. Balytska
FINANCIAL STABILITY OF INSURANCE AND ITS SOURCES OF SUPPORT
Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка
insurance company
insurer's financial stability
solvency of the insurance company
the sources provide the insurer's financial stability
title FINANCIAL STABILITY OF INSURANCE AND ITS SOURCES OF SUPPORT
title_full FINANCIAL STABILITY OF INSURANCE AND ITS SOURCES OF SUPPORT
title_fullStr FINANCIAL STABILITY OF INSURANCE AND ITS SOURCES OF SUPPORT
title_full_unstemmed FINANCIAL STABILITY OF INSURANCE AND ITS SOURCES OF SUPPORT
title_short FINANCIAL STABILITY OF INSURANCE AND ITS SOURCES OF SUPPORT
title_sort financial stability of insurance and its sources of support
topic insurance company
insurer's financial stability
solvency of the insurance company
the sources provide the insurer's financial stability
url http://bulletin-econom.univ.kiev.ua/wp-content/plugins/download-attachments/includes/download.php?id=7637
work_keys_str_mv AT rpikus financialstabilityofinsuranceanditssourcesofsupport
AT mbalytska financialstabilityofinsuranceanditssourcesofsupport