Financial ratios and their importance in the management of insurance activities

In the framework of the Technical Assistance of the Asian Development Bank, the training "The importance of financial ratios in management of insurance activities" with participation of representatives of the country's insurance institutions was held at the National Bank of Tajikistan.
The presentation was made by Rodolfo Wehrchahn –an international adviser in field of insurance. 

The participants were provided with a detailed presentation on on role and importance of assets, capital and insurance resources of insurance (reinsurance) institutions, as well as the use of financial standards in insurance activities.

During the training, participants were informed about the need to form insurance resources at the proper level so that they could ensure the implementation of insurance payments and compensation. Moreover, the importance of the liquid assets of insurance institutions necessary to cover the damage and the fact that the liquidity of assets should be provided by the insurance (reinsurance) institutions were also particularly emphasized.

It should be noted that in the final part of the training the participants were provided with detailed information on insurance, investment and operational risks, taking into account modern international practice and the financial analysis of the insurance market of the country.

Representatives of the country's insurance institutions have provided precise answers for the participants' questions concerning the problems discussed at the training.

Press Division
National Bank of Tajikistan