Solvency and Continuity Estimation for Assurances Companies

Author:Associate Professor Mirela CRISTEA, PhD, Prof. Univ. Sorin DOMNIŞORU, PhD., Assistant Professor Sorin Sandu VÎNĂTORU, PhD Student

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Keywords:assurances, audit, portofolio efficiency, risk, examination, solvency, continuity

Abstract:
Considering the actual economic situation at the world-wide level of economic and financial crisis, insurance companies, as well as all economic entities, must have a better control towards their financial stability in order to avoid insolvency or even bankruptcy, and auditors must apply their landings with high accuracy and exactness. From this expectation, we consider that the result of exposed studies into this paper represents an useful tool both for the executive management of insurance companies, which through employment of such alternatives, they have the possibility to improve the underwriting activity and the prevetion of insolvency risk, and also for companies’ auditors, which on the basis of the exposed analytical examinations models, they can watch over the prudent management of insurance companies risks.\r\n\r\n

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