Analytical software package «RISKFIN. Financial Analysis and Risk Management» (PC «RISKFIN. FAUR») presents new features in analysis of insurance companies
RISKFIN company continues to improve its software package expanding the range of counterparties analysis techniques - insurers.
To our clients we offer:
Convenient data import format: statistical (quarterly) and accounting (annual) statements of insurance companies published on the website of Bank of Russia is available in a single internal format file of PC «RISKFIN. FAUR»
Two methods of analysis of statistical reporting of insurance companies for the construction of an internal credit rating, which can be used by analysts and risk managers separately or as a basis for creating their own methods and as a complement to them.
When calculating the rating of the insurer the value of financial and economic factors can be used either directly in their absolute values (in the method «Analysis of statistical reports of insurance companies») or pre-calibrated when the rating calculation is done using numerical score values of these coefficients (in the «Analysis of statistical reporting of insurance organizations (points)»).
In addition, each of the analytical indicators (whose statistical significance for the assessment of financial stability of insurance companies have already been confirmed the validation procedure) may be included in the user's own procedures, both in scoring and in the absolute evaluation. Such an addition of indexes to methods that are based on the annual financial statements that are obtained from quarterly statistical form, will allow analysts to frequently update the risk assessment of counterparties-insurers.
RISKFIN company will further improve usability of data import, adapting it to the statements disclosed by the regulator, and continue research and development in the field of risk assessment of solvency and financial stability.
Best regards, «RISKFIN».
