Pages: 264-268
Published: 30.06.2018
Abstract: The problems of managing risks that affect financial stability in insurance companies in modern conditions are examined in the article. The nature and essence of risks in the activity of insurance companies and financial markets are analyzed. Appropriate and systematic measures to minimize the various risks of insurance companies to ensure financial stability are considered. The importance of strengthening financial stability is substantiated, taking into account the possible risks of rendering insurance services and developing strategic management mechanisms for their elimination. A classification of insurance risks and their impact on insurance companies are prepared. The relative exposure of insurance companies to risks in practice is considered. A number of recommendations and suggestions on the problems of managing risks that affect financial stability in insurance companies are summarized and made.
Key words: risks of insurance activity, assessment of risks in insurance companies, risk management in insurance companies, financial stability in insurance company, risk management, financial stability of the insurer.
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