IMPROVING THE METHODOLOGY FOR USING MARKET VALUE OF ASSETS AND FINANCIAL RISK INDICATORS IN CALCULATING INSURANCE PREMIUMS.
Keywords:
market value of assets, insurance premiums, financial risk indicators, insurance pricing, asset valuation, risk assessment, actuarial methodology, loss probability, premium calculation, financial stability..Abstract
This article examines methodological approaches to improving insurance premium calculations through the combined use of asset market values and financial risk indicators. It explores the limitations of traditional premium-setting methods that rely primarily on asset values without sufficiently considering the financial condition of policyholders and the probability of potential losses. Particular attention is given to integrating asset valuation, historical loss data, financial stability indicators, and risk assessment techniques into a unified premium calculation framework. The study proposes an improved methodological approach that adjusts insurance premiums according to the value of insured assets and the level of financial risk associated with their ownership and operation
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