Financial risks of the insurance industry organizations and the ways of their minimization

In modern conditions of an increase in the frequency of crisis situations in the insurance market and a decrease in the number of insurance organizations, the need for timely identification and management of financial risks is of particular importance. This article is devoted to the problems of financial risks inherent in organizations of the insurance industry. The main financial risks of insurance organizations have been identified. The features, problems and recent trends in the development of the insurance industry in the Russian Federation are revealed. Measures to minimize the risks of insurance companies have been identified.