ШАПОВАЛ Л. П., КУДЛАЙ К. Д., СОЛОМКА О. С. ФОРМУВАННЯ ТА ОПТИМІЗАЦІЯ СТРАХОВОГО ПОРТФЕЛЯ СТРАХОВИКА НА ПРИКЛАДІ ПРАТ «СГ «ТАС»

Abstract

The purpose of the article is to define the essence of the concept of "insurance portfolio", to clarify the methods of balancing it, to analyze the structure of the insurance portfolio and to form a conditionally optimal insurance portfolio. Methodology of research. The goal set in the article was achieved using the following methods: assessment of risks taken for insurance, optimization of the insurance portfolio using the Markowitz mathematical model. Findings.The optimization of the insurance portfolio was carried out using the model of G. Markowitz, which made it possible to determine the conditionally optimal structure of the portfolio that would ensure the maximum profitability at a given level of risk.An important feature of this method is that in the process of its use it is impossible to simultaneously achieve minimum risk and maximum profit, this indicates the need to establish a specific value of risk at which level the optimal insurance portfolio will be formed. Therefore, based on the above, to form the optimal structure of the insurance portfolio, we take three values of risk: 5%, 6% and 7%.The study found that the most optimal for the company is a portfolio with a risk level of 5% and a return of 90.5%. At the same time, the share of such profitable types in the portfolio structure as railway insurance, freight insurance and property insurance increased, and the risk types decreased: CASCO and health insurance. It has been determined that with a decrease in the structure of the insurance portfolio of risky types of insurance, the degree of risk of the insurance portfolio decreases and, accordingly, its profitability increases. Practical value.Optimization of the insurance portfolio is an important factor in ensuring the profitability and financial stability of the insurance portfolio, which leads to the need to use this method by insurance companies. Further development in theoretical and practical aspects requires the feasibility of diversifying methods of risk management of unbalanced insurance portfolio. The development of the theory and practice of managing the balance of the insurance portfolio will be ensured in the study of this issue in various areas.