Features of financial management insurance organization
The article summarizes theoretical aspects of the definition of "Finance," the essence, stages and methods of financial management of an insurance organization. The formation, distribution and use of financial resources is the priority of any insurance company. And not the last role in this task plays in financial planning. Financial capacity of the insurer aims to provide a balance between the accumulation and use of funds, and the synchronization of cash flows across time. The financial condition of an insurance organization depends directly on cash flows, the structure of which is shown in the article. An important part of the system of control of funds in the insurance phases of analysis of financial state of insurance organizations, which include the assessment of economic activities, evaluation of the effectiveness of financial management, evaluation of investment activities of the organization. One of the key indicators characterizing efficiency of activity of any commercial organization is profit. The analysis of the final financial results and recommendations for improving the effectiveness of financial management insurance organization demonstrated by the example of OJSC "SOGAZ". The proposed forecast of financial investments of this organization in the planning period.