Investigation of insurance company financial stability: case of Baltic non-life insurance market
ENThe concept of this paper is to investigate main indicators of insurance market stability according to the framework of the Solvency II directive. The authors have investigated financial ratios, planning tools, risk management approaches in order to evaluate stability of an insurance company. The main aim of an insurance company’s stability analysis is to identify and assess possible risks that might occur in an insurance company. The authors have also offered an algorithm of insurance company’s stability evaluation which might help realize and improve the management process of an insurance company. In order to achieve the stated objective, the authors use theoretical and methodological analysis of the scientific literature, as well as analytical, comparative and statistical methods with the purpose to study the elements of an insurance company’s evaluation.
