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Introduction. In conditions of financial instability of an insurance company, which arises against the backdrop of problems of solvency, the management of the organization must introduce new methods of managing it. The relevance of the study lies in the fact that every year insurance companies succumb to increasing risks of insolvency (due to political and economic restrictions), so enterprises are creating new ways to eliminate it: timely forecast of solvency and prompt analysis of the forecast results in order to increase financial stability and efficiency.Goal. Clarifying the methodology for assessing the level of risks of insurance systems, identifying the advantages of predicting the solvency of an insurance company for a long-term period (from 3 years), which can lead to a more in-depth analysis of the financial stability of the organization and providing competitive advantages.Materials and methods. In the process of research, methods of comparisons, analogies, factor analysis, calculation-constructive methods, groupings, economic and statistical methods, generalizations and other methods of scientific research were used.Results and discussion. In the course of the work, solvency and solvency margin were predicted in order to determine financial stability using the example of the research object, Public Joint Stock Company Insurance Company "Rosgosstrakh". The forecast is carried out using the analytical leveling method with the construction of a linear trend model based on indicators that determine the components of solvency, adjusted for inflation. The final results are summed up as a result of variance analysis of PJSC IC "Rosgosstrakh".Conclusion. Based on the results of the study, we can conclude that the company’s solvency for 2024-2026 will be at a neutral level, which does not clearly indicate negative or positive consequences, as a result of which the company’s management must develop methods to increase solvency by at least a few percent, to avoid negative financial sustainability outcomes.

Introduction. The development of digital technologies opens up new opportunities for increasing the efficiency, transparency and accessibility of financial services, and also promotes the deepening of economic cooperation between countries.The issue is particularly relevant for the BRICS countries, which demonstrate high rates of economic growth and are interested in developing mutually beneficial partnerships.Goal. The study of theoretical aspects of digitalization of financial systems and crossborder integration in the context of prospects for creating a currency instrument for the BRICS countries.Materials and methods. The study used the method of analyzing scientific articles, monographs and dissertations on the research topic, collecting and systematizing statistical data, comparing foreign experience in creating supranational currency instruments, the method of modeling and expert assessments. The information base of the study includes scientific articles and publications in scientific journals, dissertations, monographs on the topic of the study, Internet resources, and analytical reviews.Results and discussion. The experience of creating supranational currency instruments, their advantages and disadvantages were analyzed. The analysis showed that the BRICS countries demonstrate significant potential in developing financial cooperation, creating platforms and instruments for mutual settlements, but they face a number of structural problems and challenges. Comparison with the best foreign practices reveals significant potential to improve payment instruments, in particular, to create a blockchain foreign trade settlement system. Such efforts lay the foundation for an alternative financial paradigm, strengthening the position of BRICS in the global economic environment.Conclusion. The analysis of the current state of the financial systems of the BRICS countries, their level of digitalization and interaction in the financial sector allowed the authors to conclude that there is potential for the formation of an alternative financial system and strengthening the role of BRICS in the global economy.

Introduction. In a market economy, the dynamics of the securities market development is the most important tool for stimulating economic growth through the mechanism of attracting investment resources and their redistribution between sectors of the economy. In the context of geopolitical tensions, the Russian stock market has experienced enormous pressure, which has led to a deterioration in the prospects for its further development.Goal. Analysis of the state of the Russian securities market under the conditions of sanctions pressure and identification of the main problems hindering its stable development.Materials and methods. The study is based on the analysis of the economic situation with a focus on the segment of the Russian stock market, determining its competitiveness and growth drivers in conditions of economic uncertainty. The complex consideration of many factors in a dynamically changing environment has necessitated the integrated use of general scientific methods (analysis, synthesis, generalization), comparative analysis, abstract thinking, the method of expert assessments and the graphical method.Results and discussion. In the course of the work, the dynamics of the Moscow Exchange index and the market capitalization of the Russian market were analyzed, statistical data on the number of private investors on the exchange, the volume of their investments in the period 2020–2021 were given. Special attention is paid to the largest companies-issuers of the oil and gas sector. The study of the questions raised made it possible to determine that the Russian stock market shows one of the highest dividend yields compared to developing and developed countries.Conclusion. Based on the results of the study, it can be concluded that the Russian economy has adapted to the new economic realities and is ready for new challenges. From a fundamental point of view, Russian issuers show high operating results. This means that as the economy recovers, we should expect an increase in liquidity on the stock market and a significant increase in the quotations of many companies in the medium term.

Today, before our eyes, the former world order, characterized by the dominance of the Anglo-Saxon group led by the United States, is collapsing. A new world order is being born, the distinguishing feature of which is the emergence of new centers of economic and political influence, the growth of the sovereignty of many states. These processes have noticeably accelerated in connection with the coronovirus epidemic and the start of a special military operation in Ukraine. Deep socio-economic and political processes are taking place that affect the state of the civilizational matrix: social orientation in society, cyclicality and historicism of economic development, demography, etc. The consequences of these processes are expected to be even more complex: the emergence of new poles of political and economic influence, alliances and partnerships, logistical financial and transport schemes. The article attempts to systematize and rethink the above processes.

The digital transformation of the world economy has become the reason for the accelerated development of innovative technologies that ensure the uninterrupted operation of business processes of large technology companies whose activities are focused on the creation of these same technologies, and commercial banks that act as the main consumers of innovations in the field of IT. This process is most actively observed in the sphere of economics and finance. Under its influence, truly tectonic shifts take place, leading to the formation of fundamentally new institutions. Today, one of these are economic and financial ecosystems. Over the past few years, Russian companies from these industries have embarked on the path of creating digital ecosystems to enable horizontal, vertical and conglomerate expansion of their activities in order to maximize financial results. The technologies used by companies allow creating unified and interconnected economic systems within the organization and its partners, which leads to the emergence of a unique economic and financial ecosystem.

The article aims at determining the key features of the nature usage of hydro resources in the reproduction and health purposes in the Republic of Crimea. It has caused the need to investigate the current situation in the field of nature management of hydro resources for reproduction and recreation purposes in the Republic of Crimea. The authors present a functional analysis of the legislatively established structure of the state regulation within water usage sphere in the Crimea. The material analyzes the financing of water use in the territory of the Crimea with an emphasis on reproductive and recreational features of the Crimean hydro resources. The study has identiied the main problems of nature management sustainability in the ield of reproductive and recreational water resources, which has allowed to formulate the main directions for solution ofproblems found.

The article presents a statistical analysis of the domestic stock market in the period 2009-2014., The analysis of its qualitative changes. Vector grounded its further improvement. A conceptual model of development priorities, in which they are focused in two blocks: the improvement of the modernized mechanisms and resource development.

The article offers an analysis of the processes related to consolidation of the bank sector in Russia, their bivariant forecast, as well as some recommendations regarding rationalization of bank capital.

The international financial market is undergoing change support, among which particularly noteworthy is the change in the balance offorces in the world economy in favor of emerging ranks in the first place of the group of bricks and silence in the world of the regionalization process, which is accompanied by the development of a regional inancial institution. The article presents a review of the activities of the regional financial institution, the New development Bank (NDB) of the BRICS, whose main purpose is to attractfinancial resources to Finance infrastructure projects and projects related to sustainable development in BRICS and other emerging economies and developing countries. Studied the key points of the Bank. Reviewed Bank approved projects on the territory of the member States of BRICS.

We consider global trends and domestic financial - economic development under the influence of revolutionary processes in geopolitics, science and technology. Central to the ongoing transformations are highlighted: the crisis of the liberal model and the development of alternative approaches; the formation of the digital economy and the emergence cryptocurrency; development of new industrialization, based on the formation of the sixth technological order; changes in production and energy consumption. The role of Russia in opposition to the unipolar world. Reasoned postulate that the most dynamic vector of new industrialization are the information and communication technology (IT), the emerging digital economy.

The article presents an analysis of the domestic stock market: its dynamics, structure, deformation. In particular, it is noted that the dynamics is observed mainly in secondary positions. It is mainly characterized by stagnation and even a fall in the equity market sector. There are serious imbalances that reflect monopoly processes (in service, in industry and regional cuts). The authors proposed a structural-logical model of the role and place of the stock market and exchange trading in models and mechanisms of financial and economic development, which allows to take into account all the features and interrelations in the development of strategies, development programs of industries, regions, corporations, and in the preparation of educational materials financial literacy).

Modern science and practice have proven the high economic efficiency of integration projects due to their synergistic effect and the implementation of intersubject connections at a qualitatively new level. However, the lack of clearly spelled out regulations on social responsibility, created by the holdings, often creates social tension in society in the territories of their activities. The article presents the theoretical, methodological and practical aspects of the integration modeling of territorial management: a classification of models is developed, their historical experience is considered, the main problems are identified and the directions of implementation are substantiated in relation to the North Caucasian Federal District.

The COVID-19 pandemic has caused an unprecedented human resources and health crisis. The measures required to contain the spread of the virus triggered an economic downturn. At the moment, there is huge uncertainty about its depth and duration. Central banks around the world have become the first line of defense, taking steps to maintain the stability of the global financial system and support the global economy. Interconnected processes are the formation and development of basic institutions and the state. One of the fundamental institutions is the banking system, without the appropriate activity of which it is impossible to develop the economy in modern conditions. The impact of the pandemic on the banking industry is described. The COVID-19 pandemic has had a noticeable impact on the overall economy. Statistical data are presented. The inevitability of a collision of the banking sector with financial losses is indicated. Conclusions are made.

The process of digital transformation of the economy has led to the accelerated development of innovative technologies that ensure the continuous operation of business processes of large technology companies whose activities are focused on the creation of these same technologies, and commercial banks that act as the main consumers of innovations in the IT sector. Over the past few years, Russian companies from these industries have embarked on the path of forming digital ecosystems to ensure the possibility of horizontal, vertical and conglomerate expansion of their activities in order to maximize financial results. Moving away from the concept of unidirectional activity is a byproduct of digital transformation, since the technologies used by companies allow creating uniied and interconnected economic systems within the organization and its partners, which leads to the emergence of a unique economic, digital ecosystem

Our society is a constantly developing system that is undergoing metamorphosis every scientific and technological revolution. The fourth scientific and technological revolution led to the emergence of completely new technologies that minimize human participation in the production process through its automation and computerization. In recent years, the Russian Federation has experienced many difficulties both on the world stage and within the country, which did not allow it to start the process of digitalization. This factor characterizes Russia's lagging behind other countries in creating a digital economy. The study presents the main problems faced by the Russian economy and society on the path of digital transformation.