Methods of Earnings and Risks Management in Insurance Companies
- 10.2991/aebmr.k.201211.063How to use a DOI?
- Earnings management, risk management, insurance, risk portfolio, insurance fraud
The connection of earnings management with risk management is through in the area of finance. The risk, in general, is the probability that the actual return on the investment will be different than expected. The risk from the perspective of earnings management is perceived as a risk of loss. The insurance company itself is a business entity that seeks to increase its value and earnings. The aim of the paper presented is to analyse methods on how the level of risk could affect certain profit management mechanisms and whether there is a risk of motivation for earnings management. The paper presented consists of four parts. The first part is devoted to the theoretical aspect of insurance risks. They define concepts such as risk, risk sharing, risk portfolios and risk management. The second part of the paper aims at clarifying alternative methods of calculating insurance premiums and risks. Of all the methods that there are paper in more detail dealt with methods such as “Value at Risk”, “Expected Shortfall”, “Dynamic Financial Analysis”, “Asset liability management”. The third part of the paper is devoted to the analysis of insurance fraud in the Slovak Republic and the Czech Republic. The analysis has been carried out over a period of 10 years. The fourth part of the paper addressed the conclusions of the issue. A descriptive method, analysis, mathematical-statistical methods, graphic methods, comparison and synthesis was used in the processing of the paper submitted. The result of the paper presented is a comprehensive view of the possibilities of using earnings and risks management in insurance companies.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Monika Poradova AU - Boris Kollar PY - 2020 DA - 2020/12/14 TI - Methods of Earnings and Risks Management in Insurance Companies BT - Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020) PB - Atlantis Press SP - 374 EP - 377 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201211.063 DO - 10.2991/aebmr.k.201211.063 ID - Poradova2020 ER -