Financial solvency of insurers as a basis for insurance development

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Title	Financial solvency of insurers as a basis for insurance development
Authors	Chorna, S.
ORCID
Keywords	страхування страхование insurance платоспроможність платежеспособность solvency
Type	Conference Papers
Date of Issue	2021
URI	https://essuir.sumdu.edu.ua/handle/123456789/89025
Publisher	Sumy State University
License	In Copyright
Citation	Chorna S. Financial solvency of insurers as a basis for insurance development // Financial Markets, Institutions and Risks: Proceedings of the International Scientific and Practical Online-Conference, Sumy, November 20-22, 2021. Sumy : Sumy State University, 2021. P. 11-15.
Abstract	In Ukraine, insurance covers less than 15% of the insurance field, while in most EU countries, the United States and Japan, insurance covers almost all businesses and more than 90% of citizens. If we talk about insurers, solvency is one of the indicators that characterize its financial reliability because insurance is a system of insurance protection against the likelihood of various types of risks. Solvency is a means of compensating the insured for losses to the insured victims (Oliynyk, 2008). Solvency also means the ability of an insurance company to pay its obligations.
Appears in Collections:	Наукові видання (ННІ БіЕМ)