ACCOUNTING FOR DIRECT INSURANCE
Insurance activities ( insurance business ) in our country has a number of features, which include :- The formation of special cash funds to provide insurance coverage, which is based on the principle of risk transfer ;- Is an entrepreneurial activity related to maintenance and management of risks of the insurance relationship ;- There are features of the formation and management of factors of financial stability of the insurance organization. The main technological links of production include the conclusion of insurance, maintenance insurance contracts, claims under contracts with the occurrence of insurance as provided in the contract. The principal difference between production insurance are probabilistic nature of the insured events. The article discusses the accounting transactions by type of direct insurance.