Analysis of Financial Stability of Companies: in Case of "Kafolat Insurance Company" JSC

In this article, the factors affecting the financial stability of insurance companies and the stages of their management are highlighted. Also, the scientific and theoretical views of economists who studied the concept of "financial stability" are widely covered. In addition, the classification of the types of financial stability of insurance companies and the classification of indicators according to the criteria for evaluating the financial condition are explained. At the same time, the financial stability of the joint-stock company "KAFOLAT Insurance Company" was made in the article. Also, according to generally accepted international standards, this coefficient should not be less than 1 and should be in the range from 1 to 1.3. It should be noted that during 2015-2019, the current liquidity ratio of JSC "Guarantee Insurance Company" was analyzed.