COMPARATIVE ASSESSMENT OF THE FINANCIAL STABILITY OF COMPANIES IN THE INSURANCE MARKET OF AZERBAIJAN
In the modern period, instability in the economy and in the insurance market reveals crisis situations and many insurance companies are experiencing certain difficulties in connection with ensuring their financial stability. The performance indicators of some insurance companies operating in Azerbaijan indicate that there are problems with their financial stability. And in such conditions, we pay little attention to research and evaluation of the financial stability of insurance companies. But this category is quite complicated and at present we can say that it has not been fully explored, there is no single concept and methodology for determining the financial stability of insurance companies. The studies available in this area do not take into account the specifics of insurance activities, the characteristics of the financial potential of insurers; do not pay enough attention to the sources of funds that can be used for investment and insurance operations. For this reason, the study of the problems of ensuring and assessing the financial stability of insurance companies is still quite relevant today.
insurance company, insurance market, financial stability, solvency, assets, capital, liabilities, investments