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.