METHOD OF ANALYSIS OF OBLIGATIONS OF INSURANCE COMPANIES
Abstract
The purpose of the study – is to develop a methodology for the comprehensive analysis of insurance company’s obligations, taking into account the peculiarities of functioning of insurance companies.
Methodology – the study was conducted using the methods of coefficient and comparative analysis, descriptive method and generalization. Sources of research were scientific articles on the problems of state regulation of insurance activities and analysis of the activities of insurance companies. In the current work, the financial reports of insurance companies placed in the financial statements depository for public interest organizations are used.
Originality / value – the authors presented a method of integrated analysis of insurance companies. Based on the studies in the field of analysis methodical approach to managing the obligations of the insurance company was developed. According to the authors, the system of state regulation of the fulfillment by insurance companies of their obligations should be considered as the minimum acceptable values.
Conclusion – the method of financial analysis presented in the framework of this work based on data from financial statements subject to mandatory publication, will provide information on the overall assessment of the financial condition of insurance companies. The analysis makes it possible to determine the ability of the insurance company to fulfill its obligations now and in the future. It is possible to assess the degree of financial stability calculating actual coefficients and their comparison with normative ones.
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Review
For citations:
Kulustayeva A.M. METHOD OF ANALYSIS OF OBLIGATIONS OF INSURANCE COMPANIES. Central Asian Economic Review. 2018;(5-6):22-32. (In Russ.)
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