СУЧАСНІ РЕАЛІЇ РИЗК-МЕНЕДЖМЕНТУ У СТРАХОВИХ КОМПАНІЯХ

Abstract

The article considers the features of risk management in modern insurance companies, the mechanism of its implementation and the problems of risk assessment. The importance of the state in the control over the financial activities of companies in order to ensure stable operation, proper protection of consumer rights is indicated. The importance of implementing a risk-oriented approach is pointed out, which will first of all ensure the assessment of potential risks and their identification at an early stage for timely further communication or taking appropriate measures. After all, this will allow you to take appropriate measures in a timely manner and prevent the company from leaving the market without fulfilling its obligations to policyholders. Emphasis is placed on the importance of active cooperation between the state and business, in particular through the creation of guarantee funds. The concept of integrated risk management is considered, which will allow assessing risks at all levels of company management. Today, in many insurance companies, risk management is a real part of corporate governance. An analysis of the financial performance of the insurance company IC ARX, as one of the leaders in the ranking of companies in the market. In particular, the solvency of the company for 2018–2020 was analyzed and it was proved that the insurance company meets the solvency requirements in accordance with the requirements of the regulator. The insurance company pays great attention to risk management, in particular, created a Risk Management Department, which is responsible for identifying, analyzing and assessing risks and proposes measures to minimize them and mitigate their consequences. The active use of stress testing as an important stage in building a risk management system, the need to record preventive measures in appropriate protocols and form a risk profile, the active use of outsourcing in the management of insurance companies. Testing can be conducted both in terms of financial performance and in terms of developing behavioral models within the organizational structure of the company in order to identify weaknesses. Based on conducted by the authors, the authors note the relevance of the topic, the need for more detailed research on this issue using analytical material.