Оцінка платоспроможності страхових організацій Республіки Білорусь.

Sustainable development of insurance organizations aimed at ensuring their solvency in order to protect the interests of policyholders is the main priority of the insurance market of the Republic of Belarus. The most important indicator characterizing the reliability and stability of the insurance market is the solvency of the insurance company. The subject of the study is the process of assessing the solvency of insurance organizations. The goal is to analyze the current practice of assessing the solvency of insurance organizations in the Republic of Belarus. The tools to maintain solvency of insurance companies of the Republic of Belarus are insurance rates, insurance reserves, investments and reinsurance. The practical application of these tools in the activities of insurance organizations of the Republic of Belarus is considered. In accordance with the Instruction on the criteria and procedure for assessing the solvency of insurance organizations, the solvency of an insurance company is the estimated value, within which the insurer, based on the specifics of the concluded contracts and the volume of insurance obligations assumed, should have its own capital free from any future obligations, with the exception of rights of claim of property owners. Solvency assessment involves a comparison of the actual and standard sizes of the solvency margin, which are based on the financial statements of the insurance organization. The process of assessing the solvency of insurance organizations of the Republic of Belarus also includes the calculation and monitoring of compliance with safe functioning standards. It is concluded that the Republic of Belarus uses a combined approach to assessing the solvency of insurance organizations, which provides for two areas: a comparison of the actual and standard sizes of the solvency margin and an assessment of the implementation of safe functioning standards. The solvency assessment process should take into account all aspects of the insurance organization and allow the analysis of factors affecting its solvency. Factors should take into account both the conditions typical for all participants in the insurance market and the particularities of a particular insurance organization.