ESTIMATION OF FINANCIAL RELIABILITY OF THE INSURANCE COMPANY
The article considers the assessment of the financial reliability of the insurance organization. It is shown that the financial reliability of the insurance organization is a comprehensive indicator and depends on a number of factors. The classification of financial reliability factors on the basis...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Helvetica Publishing House
2021-06-01
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| Series: | Економіка та суспільство |
| Subjects: | |
| Online Access: | http://economyandsociety.in.ua/index.php/journal/article/view/471 |
| _version_ | 1798038294747938816 |
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| author | Inna Kisilyova Artem Velichko |
| author_facet | Inna Kisilyova Artem Velichko |
| author_sort | Inna Kisilyova |
| collection | DOAJ |
| description |
The article considers the assessment of the financial reliability of the insurance organization. It is shown that the financial reliability of the insurance organization is a comprehensive indicator and depends on a number of factors. The classification of financial reliability factors on the basis of the possibility of management and depending on direct and indirect influence is considered. Approaches to assessing the financial reliability of an insurance organization, which use both single indicators and scorecards, are considered, their advantages and disadvantages are determined. It is shown that the advantage of using integrated indicators is the ease of use and the ability to take into account various factors. To assess the financial reliability of the insurance organization, the use of the Harrington model is recommended and a list of model factors is defined.
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| first_indexed | 2024-04-11T21:38:14Z |
| format | Article |
| id | doaj.art-199f1cf18de84aeabb7798b134a8863c |
| institution | Directory Open Access Journal |
| issn | 2524-0072 |
| language | English |
| last_indexed | 2024-04-11T21:38:14Z |
| publishDate | 2021-06-01 |
| publisher | Helvetica Publishing House |
| record_format | Article |
| series | Економіка та суспільство |
| spelling | doaj.art-199f1cf18de84aeabb7798b134a8863c2022-12-22T04:01:41ZengHelvetica Publishing HouseЕкономіка та суспільство2524-00722021-06-012810.32782/2524-0072/2021-28-2ESTIMATION OF FINANCIAL RELIABILITY OF THE INSURANCE COMPANYInna Kisilyova0Artem Velichko1Zaporizhzhya National UniversityZaporizhzhya National University The article considers the assessment of the financial reliability of the insurance organization. It is shown that the financial reliability of the insurance organization is a comprehensive indicator and depends on a number of factors. The classification of financial reliability factors on the basis of the possibility of management and depending on direct and indirect influence is considered. Approaches to assessing the financial reliability of an insurance organization, which use both single indicators and scorecards, are considered, their advantages and disadvantages are determined. It is shown that the advantage of using integrated indicators is the ease of use and the ability to take into account various factors. To assess the financial reliability of the insurance organization, the use of the Harrington model is recommended and a list of model factors is defined. http://economyandsociety.in.ua/index.php/journal/article/view/471financial reliabilityinsurance organizationfinancial reliability assessment of the insurance organizationintegral indicator |
| spellingShingle | Inna Kisilyova Artem Velichko ESTIMATION OF FINANCIAL RELIABILITY OF THE INSURANCE COMPANY Економіка та суспільство financial reliability insurance organization financial reliability assessment of the insurance organization integral indicator |
| title | ESTIMATION OF FINANCIAL RELIABILITY OF THE INSURANCE COMPANY |
| title_full | ESTIMATION OF FINANCIAL RELIABILITY OF THE INSURANCE COMPANY |
| title_fullStr | ESTIMATION OF FINANCIAL RELIABILITY OF THE INSURANCE COMPANY |
| title_full_unstemmed | ESTIMATION OF FINANCIAL RELIABILITY OF THE INSURANCE COMPANY |
| title_short | ESTIMATION OF FINANCIAL RELIABILITY OF THE INSURANCE COMPANY |
| title_sort | estimation of financial reliability of the insurance company |
| topic | financial reliability insurance organization financial reliability assessment of the insurance organization integral indicator |
| url | http://economyandsociety.in.ua/index.php/journal/article/view/471 |
| work_keys_str_mv | AT innakisilyova estimationoffinancialreliabilityoftheinsurancecompany AT artemvelichko estimationoffinancialreliabilityoftheinsurancecompany |