Achievement of Real Paying Capacity in the Context of Analysis of Provision of Obligations of an Insurance Company by Means of its Resources
Journal Title: Бізнес Інформ - Year 2013, Vol 2, Issue 0
Abstract
The article describes requirements to real paying capacity of insurers from the point of view of Ukrainian legislation. It analyses provision of obligations of an insurer by means of its resources. It specifies forms of provision of obligations of an insurance company, which facilitate development of a basis for compensation of losses and satisfaction of creditors' requirements. It draws a conclusion of a contradiction relevant to paying capacity, which lies in worsening paying capacity in the event of increase of insurance payments and reserves of unearned premiums.
Authors and Affiliations
Sergey Sokol
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