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Publication details
Souvislosti ratingu a finančního zdraví komerční pojišťovny
Title in English | Rating and Financial Health of Commercial Insurance Company in a context |
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Authors | |
Year of publication | 2007 |
Type | Article in Proceedings |
Conference | Evropské finanční systémy 2007 |
MU Faculty or unit | |
Citation | |
Field | Economy |
Keywords | rating; rating agency; commercial insurance company; financial health |
Description | Rating problematic is in the Czech Republic relatively newly adjusted by Act No. 256/2004 Coll., on entrepreneurship on a capital market. This act also defines a rating agency and contents of its activity. Rating valuation represents worldwide a standard indication of economic entities’ class. It is allowed to be a proof of trustworthiness and safety of a given institution. Similar situation is in insurance industry, where rating valuation predicates to a large extent about financial health of commercial insurance company. In this paper, the rating characteristic and its relation to financial health of a commercial insurance company has been explained. |