Impact Of Risk Management On Activities Of Insurance Companies

Abstract

This article discusses the problems of risk management analysis for insurance companies. The analysis of existing methods of risk assessment of companies' management is carried out. Since the insurance industry in our country appeared quite recently, there are many white spots in the issue of conducting this business. There is no clear and unified risk management system for insurance companies. Within the framework of this topic, risk management indicators' analysis of the insurance company was carried out. Based on this analysis, the author calculated indicators that determine the effectiveness of the company's activities. The purpose of this article is to identify problem areas in the risk management system of insurance companies. The current conditions of existence of any company are associated in one way or another with risks in all sectors and spheres of the economy. In the course of the study, the need for conducting risk management with the calculation of certain indicators that determine the effectiveness of insurance companies was identified. When conducting a business, it is necessary to constantly monitor risks in the insurance sector. However, you should choose those indicators that reflect not only the current state, but also take into account changes in risks in the future.