OPPORTUNITIES TO USE POSITIVE EXPERIENCES IN ENSURING THE FINANCIAL STABILITY OF FOREIGN INSURANCE COMPANIES
Abstract
In foreign countries, extensive research is being conducted on the development of the insurance market infrastructure, ensuring the financial stability of insurance companies using scientific approaches and econometric instruments, and increasing the efficiency of companies based on the characteristics of the industry and sector. Today, it is relevant to conduct research aimed at assessing the effectiveness of insurance companies through multiplicative coefficients, determining the quantitative level of financial stability, and improving financial stability based on international standards and mechanisms. In our country, measures are being taken to further increase the importance of insurance companies in ensuring economic development, gradually increase their share in GDP, and further improve their participation in the securities market, as stipulated in the Regulation on "Investment Activities of Insurers and Reinsurers". Also, the introduction of modern insurance services through diversification of insurance services and the effective organization of active participation of the population in these processes are of great importance in ensuring the financial stability of insurance companies.