Receipts and expenditures budget of the insurance company - basis instrument in achieving financial balance

The activity developed by an insurance company in reflected financially, synthetically in the receipts and expenditures budget, with is annually laid down.insurance company, financial equilibrium, receipts and expenditures budget

Influence of adjacent insured risks upon the management of insurance companies

Besides technical and investment risks, other risks can be identified, with own traits and implications that cannot be ignored. We speak about the risk of participation, the risk regarding guarantees in favor of tertiary, risk regarding loss because of tertiary, general business risk and managerial risk.investment risks, risk of participation, business risk, managerial risk

Reliability margin-sine-die condition for the performance of insurance companies

In the European Union there are rules regarding the determination of the reliability margin and warranty funds. Thus authorized insurers on general insurances and/or life insurances by rightful institutions from EU member countries, have to permanently have an available reliability margin according to the activity they carry on. The available reliability margin will be at least equal to the minimum reliability margin. Romanian insurers estimate the available reliability margin, as well as the minimum reliability margin, from the regulations issued by the Insurance Surveillance Committee (ISC).reliability margin, profitability, safety fund, solvency, Basel Agreement