SUBSTANTIATION OF THE INSURANCE TARIFF FOR THE TRANSPORTED PROPERTY (CARGO) IN THE RA INSURANCE MARKET

Abstract

Cargo insurance is the most common type of voluntary insurance. Justification of the tariff for cargo insurance is very important both from the standpoint of justifying the financial stability of insurance companies, and ensuring the competitiveness of insurance companies in the market.

The goal of the study is to substantiate the tariff for cargo insurance on the basis of 10-year statistical data of all insurance companies of the Republic of Armenia insurance market, which will ensure the reliability, profitability and competitive conditions of insurance companies on a long-term basis.