ECONOMIC BALANCE APPROACH THROUGH THE INSURANCE COMPANY SOLVENCY PRUDENTIAL FRAMEWORK

Lina ȘIȘCANU Universitatea de Stat din Moldova

Abstract

The balance sheet is a financial statement based on an accounting approach that uses consistent market values for all current assets and liabilities related to the actual portfolio, including off-balance sheet items. This approach is the basis of prudential principles in order to assess the available and necessary capital of an insurer for solvency purposes. Keywords: economic balance sheet, solvency, insurance, capital, patrimony.