Designing a Smart Financial Analysis Framework for Life Insurance Companies under Regulatory Transformation
AUTHORS
Oleksandr Kovalenko,Department of Finance, Kyiv National Economic University, Ukraine
Marchenko Iryna,Faculty of Economics and Management, Lviv Polytechnic National University, Ukraine
ABSTRACT
The life insurance sector plays a critical role in long-term financial stability, investment mobilization, and social protection, particularly in transition economies. However, traditional approaches to financial analysis often rely on static indicators that fail to support strategic decision-making under regulatory change and economic uncertainty. This study proposes a Smart Financial Sustainability Analysis Framework (SFSAF) to enhance the assessment of life insurance companies' financial condition through forward-looking, decision-oriented analytics. Using the Ukrainian life insurance market as a contextual reference, the framework integrates capital adequacy, liquidity resilience, equity dynamics, and sustainability forecasting into a unified analytical model. The proposed approach extends conventional financial analysis by incorporating trend-based planning and innovation-oriented indicators that support managerial and regulatory decision-making. The study contributes to the smart business and financial technology literature by offering a conceptual–methodological framework applicable to life insurance companies operating in volatile, reform-driven environments. The findings provide practical guidance for insurers, regulators, and financial analysts seeking to strengthen financial sustainability and strategic resilience through smarter analytical tools.
KEYWORDS
Smart financial analysis, Life insurance, Regulatory transformation, Financial sustainability, Risk-based solvency, Decision-support framework
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