Financial Risk and Profitability Management in Russian Insurance Companies in the Context of Digitalization

The dynamics of the financial reliability insurers show rather unstable and often unfavorable trends, which indicate an increase in risks their insecurity requires searching for reserves to improve condition context digitalization. aim present research is develop approaches managing profitability Russian insurance companies Structurally, study consisted a comprehensive analysis market Federation, as well identification components risk management process Documents containing key features system were selected study. We determined that optimize structure portfolio, insurer must regulate its portfolio by increasing share receipts personal insurance, highly profitable but occupies meager portfolio. To do this, it necessary carry out active work expand field, particular, relation voluntary attracting significant number policyholders conducting explanatory mass using advertising events agency-broker networks regarding need effectiveness such insurance. Further prospects should include proposals replenishing with new types making adjustments tariff policy all determining optimal tariffs.