Karchevska O. Economic-mathematical modeling of financial flows management of life insurance companies in transitional economy

The justification of theoretical approaches and development of the economic and mathematical models complex for life insurance company's financial flows forecasting and management is done in the dissertation. The approach to stochastic processes selection for modeling of the time series dynamics of assets returns is suggested. The model of the dependence of long-term insurance polices demand on macroeconomic factors, their expected values and economic stability is developed. The simulation model of a life insurance company operation is developed. The dynamic optimization model for the financial flows management of a life insurance company is developed, which allows determination of the long-term strategy of asset allocation. Forming of the short-term investment strategy is implemented on the basis of system of models of adaptive forecasting of assets returns and optimization of a life insurance company's financial operation.