Analýza vplyvu odhadovanej miery úmrtnosti na kapitálovú vybavenosť poisťovne

Abstract

The topic of the diploma thesis is the analysis of the impact of mortality rate estimates on capital adequacy of insurance company. The solvency of an insurance company is strictly regulated, even at the international level within the European Union. Changes in the estimated mortality rate could affect the solvency of the insurance company and the ability of the insurance company to continue in economic activity. The main objective of the thesis is to analyse the possible impact of the change in the estimated mortality rate due to the Covid-19 pandemic on the capital requirements and solvency of the insurance company. The theoretical part of the thesis describes the basic characteristics of life insurance and the methodology of Solvency II regulation. At the same time, mortality characteristics and prediction models are described. The practical part of the thesis consists of the characteristics of mortality in selected years in the Slovak Republic and prediction in the future. It also consists of the calculation of premiums, technical provisions, expenses and the calculation of capital requirements including available capital for five different scenarios. In the end of the thesis, the solvency of the insurance company and the impact of the change in the mortality rate due to the Covid-19 virus pandemic are evaluated.