FINANCIAL MANAGEMENT IN THE ACTIVITY OF INSURANCE COMPANIES

2020 ◽  
Vol 18 (Suppl.1) ◽  
pp. 395-400
Author(s):  
Ts. Andreeva

The article defines the essence and justifies the need for financial management in the activities of insurance companies. PURPOSE: The aim of the article is to bring out the specifics of financial management in insurance and outline the advantages of controlling as a function and part of the management of the insurance company to ensure the necessary solvency. METHODS: The systematic and structural approach, analysis and synthesis, including, study of literature sources and analysis of the existing situation in the practice of the insurance company are used. RESULTS: The results are about highlighting the role of risk management in financial management, as well as the importance of factors - gross technical provisions and others, for risk management of the insurance company. CONCLUSION: Тhe complex nature of financial management requires integrated risk management, which requires the establishment of an independent unit and / or position in financial management and risk management.

1999 ◽  
Vol 2 (3) ◽  
pp. 43-61 ◽  
Author(s):  
L. Lee Colquitt ◽  
Robert E. Hoyt ◽  
Ryan B. Lee

2014 ◽  
Vol 165 (9) ◽  
pp. 284-291
Author(s):  
Stéphane Losey ◽  
Arthur Sandri

Role of the protection forest in integrated risk management Half the Swiss forests play a role in protecting against natural hazards. After a historical overview of the strategy of protection against natural hazards and of the development of the protection function of the forest, the authors, basing the analysis on the modern definition of integrated risk management, demonstrate, on the basis of evidence, that protection forests may be considered as a protective measure for integrated risk management. Some complementary analysis is necessary, including the assessment and quantification of the protection function, strengthening the role of forest planning, quantifying the cost-benefit ratio, and clearly defining the legal responsibility of the forest owner.


2017 ◽  
Vol 2 (4(12)) ◽  
pp. 131-136
Author(s):  
Anastasiia Petrovna Duka ◽  

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