Tkachenko N. Financial soundness of insurance companies (assessment methods and provision mechanism).

The dissertation studies the theoretical and methodical foundations for the pro-vision of financial soundness of insurance companies, which insure risks by develop-ing its assessment methods and provision mechanisms. It substantiates the conception for the provision of financial soundness of in-surance companies, which is based on the methodology of the systematic research of an object (insurance company), function (insurance services), process (provision of financial soundness) combined with the risks, which makes it possible to build up a constructive model for the understanding of approaches to the assessment and provi-sion of insurance companies' financial soundness. The dissertation discloses the typology of risks peculiar to the insurers' activ-ity, classifies the risk-forming factors and offers the identification of qualitative char-acteristics of the risk of ignoring the financial soundness of insurance companies. It also offers the indicators of financial soundness, which make possible the qualitative assessment of the risk levels of insurers' activity and determines the components of the system of risk-based prudential regulation of their activity considering the real assessment of risks. It defines the main mechanisms for the provision of financial soundness in crisis conditions; it forms a complex mechanism for the management of insurance companies' financial soundness through the use of the controlling concep-tion; it develops approaches to increasing the role of reinsurance in providing the fi-nancial soundness of insurers; it gives the mathematical and imitating models of the insurance companies' activity and, on their basis, the stress tests for the risk of ignor-ing the financial soundness of insurance companies.