Тема дипломной работы: Эффективное управление инвестиционным портфелем страховой компании (на примере АО СК «Коммеск-Омир»)» eng

INTRODUCTION
The most important aspect of the insurance business, along with the conduct of actual insurance operations, is the investment of financial resources at the disposal of insurance companies in order to extract the maximum profit and strengthen their position in the market. High competition in the insurance market does not allow to receive significant income from underwriting, therefore, the main source of income for the insurance company is investment activity, which consists in managing an investment portfolio. The insurer is faced with the task of forming a portfolio of assets, taking into account the investment qualities and conditions for investing all groups of financial resources at its disposal. At the same time, even the opportunities available to Kazakhstan insurers to invest resources are far from being fully utilized.
Depending on the nature of the economic relations they enter into, insurance companies can act in the securities markets in different capacities, and if the activities of insurers as issuers and professional intermediaries in the securities market, having some features, have no conceptual differences from similar activities of other market participants, then as investors they represent a specific group. The uniqueness of insurers as investors lies in the fact that, for them, the debt instruments circulating on the exchange market have the greatest investment attractiveness, and in Kazakhstan, due to the relatively short history of the existence of the national securities market, only bonds satisfy these basic requirements. Since, they are characterized by an acceptable level of risk, and, on the other hand, with a sufficiently high level of predictability and liquidity [1].
Therefore, it is worth considering and researching more risky financial instruments in the structure of the investment portfolio. The investment portfolio that meets all the requirements: guaranteed solvency, liquidity and profitability and diversification is balanced. But the task of the company is not just to form a balanced portfolio, but to satisfy the investment strategy of this particular company. To ensure the effectiveness of the investment activity of an insurance company, it is advisable to have an appropriate methodology for optimizing its investment portfolio.
The purpose of this paper is to determine the attractiveness of insurance company on the example of IC Kommesk-omir JSC to investors and to form the optimal investment portfolio management compliance with four principles: solvency, liquidity, profitability and diversification.
Based on the purpose, the following tasks are defined:
üConsideration of the essence of the investment activity of insurance
organizations in the modern economy;
üAnalysis of the domestic and foreign experience of investment criteria of
insurance companies;
ü Analysis of tendencies of companies in Kazakhstan in the insurance market;
ü To identify the influence of financial condition on the investment attractiveness
of insurance companies;
ü Evaluation of solvency, liquidity, profitability and diversification of financial
assets;