THE ANALYSIS OF PROFITABILITY OF INSURANCE OPERATIONS ON THE BASIS OF DISTRIBUTION OF EXPENSES
Specific features of formation of total financial result of the insurance organization are investigated. The insufficiency of traditional use of absolute indicators with the view to analyze the efficiency of insurance activity is revealed. The creation of the unified system of relative indicators of profitability and the financial factors estimating level of profitableness of insurance operations and defining ability to support long-term financial stability is suggested.
Natalia N. Kalashnikovą, PhD in Economics, associate Professor of Balakov Institute of Economics and Business, subsidiary of Saratov State Social and Economic University