Achievement of Real Paying Capacity in the Context of Analysis of Provision of Obligations of an Insurance Company by Means of its Resources

Sokol Sergey V. ()
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Sokol Sergey V.: Kharkiv National University of Construction Engineering and Architecture

Business Inform, 2013, issue 2, 255_258

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.

Keywords: insurance company; factual and normative reserve of paying capacity; obligations and resources of an insurer; insurance payments and reserves. (search for similar items in EconPapers)
Date: 2013
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