CARMEL liquidity indicators of insurance companies

Abstract

The adoption of guidelines by the National Bank of Serbia in the field of insurance enabled the creation of conditions for a safe and stable insurance market. Thus, the analysis and monitoring of liquidity is covered by CARMEL indicators based on the methodology of the IMF. By quantitative determination and interpretation of the obtained values of liquidity indicators (in the case of two insurance companies in Serbia), insurance companies can fulfill their goals to maintain liquidity and financial stability in a quality, serious, scientifically founded and practice-based manner.

Keywords

• liquidity
• insurance companies