About the issues of forming tools for assessing financial risks of insurance organizations
Abstract
The article notes that the formation of conceptual approaches to the assessment of financial risks is relevant, has a direct or indirect impact on the results of financial activities of economic entities. When choosing a risk management method, the main task of management is to assess and analyze the possible risk, identify factors that increase it, and select methods to reduce risk. The author presents modern methodological tools for assessing the level of financial risk, as well as methodological tools for forming the necessary level of profitability of financial operations, taking into account the level of risk, for example, some insurance companies in Uzbekistan. This approach to the formation of the necessary level of profitability of financial operations, taking into account risk factors, allows us to ensure the relationship of indicators in the process of financial activity of insurance organizations as a whole.