Reinsurance programs in property industrial insurance
Journal Title: Економіка: реалії часу - Year 2015, Vol 6, Issue 22
Abstract
Article investigates the importance of the industrial sector for the economy of Ukraine and the need to protect its property projects. Determined that insurance is one of the most effective methods of risk management at industrial enterprises. Consideration of the given question is an objective need for reinsurance mechanism, as domestic reinsurers are not able alone to bear significant amount of responsibility that characterized industrial objects. The article justified list of possible forms and methods of reinsurance, the method of calculation of own insurer's retention, and identified the need to calculate the economic efficiency of reinsurance programs, which is to get the highest financial results of each individual contract.
Authors and Affiliations
Ievgenii Velychko
Keywords
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