Sidorenko A. Accounting of the formation and placement of insurance reserves

In the dissertation the theoretical and methodological approaches are substantiated and extended and practical guidelines on accounting of the formation and placement of insurance reserves are given. For the first time an additional reserve of deferred earned insurance premiums for financial exposure hedging and credit-related insurance is offered to form. Methodical principles of accounting of the insurance reserves formation, calculation of earned insurance premiums, calculations and accounting of sums that are repaid to an insured after the early termination of the insurance contract are improved. The conceptual bases of accounting system of insurance reserves placement are developed, taking into account the peculiarities of insurance law. For the first time the current investment and operating real estate is emphasized as the objects of accounting, and the theoretical and methodological approaches to organizing and maintaining their account are developed. The model of organizing of management account in the insurance companies by the responsibility reporting is developed. The classification of expenses of insurer connected with the specifics of the insurance business is extended.