The Insurance Company Liability’s Limit Parameters Cover Image

Параметри на лимита на отговорност на застрахователното дружество
The Insurance Company Liability’s Limit Parameters

Author(s): Ventsislav Vassilev
Subject(s): Economy
Published by: Стопанска академия »Д. А. Ценов«

Summary/Abstract: Through reinsurance, the non-life insurance companies get the opportunity to reduce the fluctuations in the payment of these benefits. A key point in the reinsurance relationship is the definition of self detention - the maximum amount of the potential loss that the insurance company must pay. In this connection, the information used in the annual reports can provide a basic idea for the insurance companies activities, to create a possibility for the application of some basic parameters (ratios) associated with the definition of self detention. Thanks to it, it becomes possible to outline a "peculiar picture”, which reflects the application of the recommended criteria in determining the own share of responsibility of the individual non-life insurance company.

  • Issue Year: 2010
  • Issue No: 1
  • Page Range: 55-66
  • Page Count: 12
  • Language: Bulgarian