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Title Financial solvency of insurers as a basis for insurance development
Authors Chorna, S.
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)

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