Academic literature on the topic 'Insurance companies stability'

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Journal articles on the topic "Insurance companies stability"

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كشيّم, سعاد الهادي, та خالد عبد السلام أمقيق. "تقييم معدلات النمو والاستقرار المالي لشركتي الثقة والمتحدة للتأمين". International Science and Technology Journal 34, № 2 (2024): 1–24. http://dx.doi.org/10.62341/skez6373.

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The research aimed to assess the actual and sustainable growth rates of Al-Thiqa and Al-Mutahida Insurance Companies, while also conducting a comparative analysis of their financial stability to assess their ability to grow without the need for external financing. The study period spans from 2012 to 2016. To accomplish the set objectives, a descriptive-analytical approach was utilized, employing the Ros model for assessing actual and sustainable growth, and the Z-Score model for evaluating financial stability. The outcomes of the study indicated that both companies fell short of the necessary
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Abernikhina, I., O. Toporkova, I. Sokyrynska, and L. Shylo. "METHODICAL APPROACHES FOR ASSESSING THE FINANCIAL STABILITY OF INSURANCE COMPANIES." Financial and credit activity: problems of theory and practice 3, no. 38 (2021): 144–53. http://dx.doi.org/10.18371/fcaptp.v3i38.237437.

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Abstract. The article summarizes arguments and counterarguments within the framework of a scientific discussion concerning the methodological ensuring for assessing the financial stability of insurance companies. The main purpose of the conducted study is indexes arrangement by which it is possible to assess the financial stability of an insurance company in accordance with the criteria (factors, sources) of its ensuring. Systematization of literary sources and approaches for solving the problem in managing the financial stability of an insurance company to ensure its stable development has sh
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Přečková, Lenka, and Iveta Palečková. "Financial Stability of the Czech Insurance Companies." Ekonomický časopis 71, no. 1 (2023): 65–86. http://dx.doi.org/10.31577/ekoncas.2023.01.04.

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Puławska, Karolina. "Financial Stability of European Insurance Companies during the COVID-19 Pandemic." Journal of Risk and Financial Management 14, no. 6 (2021): 266. http://dx.doi.org/10.3390/jrfm14060266.

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The European Insurance and Occupational Pensions Authority suggests that as the coronavirus disease 2019 (COVID-19) pandemic has caused significant disruption to the economy, businesses, and people’s lives, national supervisory authorities should mitigate the pandemic’s impact on the European insurance sector. The functioning of insurance companies is in danger as they must balance a drastic increase in the number of claims with their capital and solvency stability. In this study, we evaluate the effects of the COVID-19 pandemic on insurance companies using European insurance companies’ financ
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Nosirov, Jasur, Khusniddin Uktamov, Dadajon Xabibullayev, and Mirislom Mirolimov. "Ensuring the financial stability of insurance companies in the innovative development of the economy." E3S Web of Conferences 402 (2023): 08007. http://dx.doi.org/10.1051/e3sconf/202340208007.

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This article shows you how to ensure the financial stability of insurance companies in the innovative development of the economy. The macroeconomic models used to ensure financial stability were also analyzed and used as structural models developed with microeconomic optimization risks. In addition, general indicators necessary to accurately describe the financial stability of insurance companies have been developed, and these indicators have been used to assess the level of financial stability of the guarantor insurance company. The financial results of the activities of the joint-stock compa
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KNEYSLER, Olga, Svitlana KOROL, and Nataliia SPASIV. "PRAGMATISM OF FINANCIAL STABILITY MANAGEMENT OF INSURANCE COMPANIES IN UKRAINE." WORLD OF FINANCE, no. 3(72) (2023): 99–110. http://dx.doi.org/10.35774/sf2022.03.099.

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Introduction. In the conditions of political instability, unfavorable economic situation due to the pandemic and uncertainty due to the Russian-Ukrainian war, the relevance of various types of insurance is increasing. Therefore, insurers are faced with the problems of minimizing financial risks, balancing between a sufficient level of profitability and public trust in insurance products. Under such circumstances, insurance companies are forced to make timely management decisions that must ensure financial stability while preventing the loss of competitive advantages in the insurance market. Th
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Prykaziuk, Nataliia, and Yullia Shchuka. "Assessment of the financial stability of insurance companies in Ukraine under new challenges." Economic Analysis, no. 33(2) (2023): 110–20. http://dx.doi.org/10.35774/econa2023.02.110.

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Introduction. Today, the activities of insurance companies, like any other economic entities, are subject to a number of risks caused by new socio-economic conditions in the world, the existence of a touchless economy, recurring pandemics, and military aggression against Ukraine. Consequently, all these external factors have a certain impact on the stability of individual insurers and the insurance market as a whole. Objective. The objective of this article is to assess the financial stability of insurance companies in Ukraine, determine changes in stability characteristics of insurers of diff
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Stevanović, Tatjana, Jelena Stanković, and Jovica Stanković. "Research on internal indicators of financial stability of insurance companies in the Republic of Serbia." Skola biznisa, no. 2 (2020): 1–22. http://dx.doi.org/10.5937/skolbiz2-27395.

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Dynamic changes in the insurance sector require a new system of performance measures, which enables monitoring of multiple business segments of insurance companies and meets the information requirements of a large number of different stakeholders. In this regard, in the Republic of Serbia a multidimensional system of performance measures is used - the CARMEL framework, made according to the methodology of the International Monetary Fund. Due to the fact that these indicators indicate the effectiveness of different business segments, the analysis of the performance of insurance companies cannot
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Борисова, В. А., О. М. Селезень, and В. М. Ждек. "FINANCIAL ANALYSIS OF THE SUSTAINABILITY OF INSURANCE COMPANIES." Управління змінами та інновації, no. 10 (June 26, 2024): 61–65. http://dx.doi.org/10.32782/cmi/2024-10-12.

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The article examines the essence of the concept of financial stability of an insurer, conducts a financial analysis of insurance companies. The role of financial sustainability for insurers is determined, which is special because it determines the importance of ensuring a high level of financial stability and reliability of the insurer's activities. It is proved that the key factors in assessing the competitiveness of an insurance company are profitability, stability, financial strength and level of service. The factors influencing the financial stability of the insurer and the main criteria f
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Nosirov, Jasur. "FACTORS AFFECTING FINANCIAL STABILITY OF INSURANCE COMPANIES AND STAGES OF THEIR MANAGEMENT." Economics and Education 24, no. 3 (2023): 410–15. http://dx.doi.org/10.55439/eced/vol24_iss3/a65.

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This article covers the factors affecting the financial stability of insurance companies and the stages of their management. Also, the scientific-theoretical views of economists who studied the concept of "financial stability" are widely covered. In addition, the classification of the types of financial stability of insurance companies and the classification of indicators according to the criteria for evaluating the financial condition are highlighted. In addition, the article provides conclusions and suggestions on the factors affecting the financial stability of insurance companies and the s
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Dissertations / Theses on the topic "Insurance companies stability"

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Ткаченко, Н. В. "Розвиток інформаційних технологій як один із вирішальних чинників підтримання стійкості страхових компаній". Thesis, Українська академія банківської справи Національного банку України, 2008. http://essuir.sumdu.edu.ua/handle/123456789/60902.

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Інвестиції в інформатизацію своїх внутрішніх процесів дозволяють страховим компаніям з впевненістю дивитися у майбутнє.<br>Investments in the informatization of their internal processes allow insurance companies to confidently look into the future.
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Олійник, Віктор Михайлович, Виктор Михайлович Олейник та Viktor Mykhailovych Oliinyk. "Методологічні засади забезпечення фінансової стійкості страхових компаній". Thesis, Українська академія банківської справи, 2016. http://essuir.sumdu.edu.ua/handle/123456789/66595.

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Дисертаційна робота присвячена розробці теоретико-методологічних засад та методичного забезпечення формування та оцінювання фінансової стійкості страхових компаній в умовах загострення кризових явищ в економіці країни. Наукові результати дисертації в своїй сукупності вирішують важливу наукову проблему, яка полягає у розробці наукових положень, концепцій, методологічних засад і методичних рекомендацій, спрямованих на забезпечення фінансової стійкості вітч
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Pozdníková, Magdaléna. "Dopady převodu úvěrového rizika pomocí úvěrových derivátů na finanční stabilitu a současné světové hospodářství." Master's thesis, Vysoká škola ekonomická v Praze, 2012. http://www.nusl.cz/ntk/nusl-142270.

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The subject of this thesis is an analysis of causes and impacts of credit risk transfer through credit derivatives on the world economy. It deals with the theoretical view of credit derivatives and their definition. A significant part of the work is devoted to a description of the current credit derivatives market and to motives for trading them. In the continuous process of derivative products innovation selected types are described. Those types that were spread during last two decades. In another part are introduced credit derivatives market participants and special attention is given to the
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Бойко, Антон Олександрович, Антон Александрович Бойко та Anton Oleksandrovych Boiko. "Перестрахування як механізм забезпечення фінансової стійкості страхової компанії". Thesis, 2011. http://essuir.sumdu.edu.ua/handle/123456789/51399.

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У дисертаційній роботі узагальнено теоретичні підходи до сутності, функцій, механізму, принципів проведення та класифікаційних ознак перестрахування. Проаналізовано та систематизовано сучасний стан, проблеми та перспективи розвитку ринку перестрахування в Україні. Визначено особливості забезпечення фінансової стійкості страхової компанії; досліджено роль і місце перестрахових операцій у системі забезпечення фінансової стійкості страхової компанії; поглиблено методичний підхід до проведення ренкінгу фінансової стійкості страхової компанії. Визначено додаткові фінансові потоки страхової компа
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Books on the topic "Insurance companies stability"

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Focarelli, Dario. Can Insurance Companies Help More SMEs to Access Capital Markets? Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780198815815.003.0015.

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SMEs account for more than half of business sector output and employment in Europe, and depend heavily on bank credit. The credit crunch following the recent recession was more severe for banks in countries under greater stress. With banks concentrating on raising additional capital, and handicapped by impaired assets, it is important to expand the sources of long-term funding for SMEs. This chapter reviews the obstacles to a more extensive use of the main market-based debt instruments for SME financing (securitization, covered bonds, small/mid-cap bonds, private placements), from the point of
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Book chapters on the topic "Insurance companies stability"

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Azcue, Pablo, and Nora Muler. "Stability Criteria for Insurance Companies." In SpringerBriefs in Quantitative Finance. Springer New York, 2014. http://dx.doi.org/10.1007/978-1-4939-0995-7_1.

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Siri, Michele, and Arthur Van den Hurk. "Recovery and Resolution of Insurance Companies and Director’s Duties." In AIDA Europe Research Series on Insurance Law and Regulation. Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-85817-9_7.

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AbstractIn this chapter, largely finalised before the presentation of a legislative proposal for a European Insurance Recovery and Resolution Directive, on September 2021, recovery and resolution frameworks of insurance companies and insurance groups are discussed. Currently, the insurance regulatory framework at the European level (Solvency II) does not contain a fully developed framework with respect to recovery and (orderly) resolution such as the Bank Recovery &amp; Resolution Directive and the Single Resolution Mechanism. Recent developments at the international level on the initiative of
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Rasshyvalov, Dmytro. "SECURING FINANCIAL STABILITY OF INSURANCE COMPANIES IN CRISIS SITUATIONS." In Innovative educational technologies: european experience and its application in training in economics and management. Publishing House “Baltija Publishing”, 2024. http://dx.doi.org/10.30525/978-9934-26-452-8-40.

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Storozhenko, Oksana. "FACTORS ENSURING THE FINANCIAL STABILITY OF INSURANCE COMPANIES IN A GLOBAL ENVIRONMENT." In Innovative educational technologies: european experience and its application in training in economics and management. Publishing House “Baltija Publishing”, 2024. http://dx.doi.org/10.30525/978-9934-26-452-8-49.

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Pavlenko, Oksana. "CURRENT CHALLENGES OF INNOVATIVE DEVELOPMENT OF INSURANCE PROTECTION: DIGITALIZATION, FINANCIAL AND INVESTMENT ASPECTS." In Transformational economy: theoretical and practical aspects. Publishing House “Baltija Publishing”, 2024. https://doi.org/10.30525/978-9934-26-494-8-7.

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The modern economic system of society involves the study of innovative development, first of all, of the insurance industry, taking into account financial aspects, investment components, and digitalization of the insurance market. Digitization of the insurance market significantly transforms financial management in insurance companies. On the one hand, it allows you to reduce operating costs, increase the effectiveness of risk assessment and optimize financial operations. On the other hand, the implementation of digital technologies requires significant investments and creates new risks, in pa
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Rani, Kirti, and Simranjit Kaur. "Co-Lending Framework." In Harnessing Data Science for Sustainable Insurance. IGI Global Scientific Publishing, 2025. https://doi.org/10.4018/979-8-3373-1882-0.ch004.

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“Co-Lending Framework: A Technological Evolution in the Insurance Landscape,” offers a comprehensive analysis of how co-lending is transforming financial services via cutting-edge technology and partnership models. Insurance is vital in the co-lending structure, serving as a fundamental facilitator of risk management and financial stability. In co-lending, where banks and non-banking financial companies (NBFCs) work together to offer loans, the inclusion of insurance reduces possible risks linked to credit defaults and operational unpredictability. The chapter starts by discussing the difficul
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Jong, Leigh De, Paul Rubenstein, and Arnold Bloch Leibler. "Australia." In Financial Services Regulation in Asia Pacific. Oxford University PressOxford, 2008. http://dx.doi.org/10.1093/oso/9780199532810.003.0001.

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Abstract The principal authorities that regulate financial services in Australia, including banking, insurance, and securities activities, are as follows: the Australian Prudential Regulation Authority (APRA), a single prudential supervisor responsible for prudential supervision of banks, life and general insurance companies, superannuation funds, and other deposit-taking institutions (such as building societies, credit unions, and friendly societies); the Australian Securities and Investments Commission (ASIC), with responsibility for the general regulation of companies, financial services an
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Aleskerova, Yuliia, and Lidiia Fedoryshyna. "INSURANCE SUPPORT IN TOURISM." In Development of scientific, technological and innovation space in Ukraine and EU countries. Publishing House “Baltija Publishing”, 2021. http://dx.doi.org/10.30525/978-9934-26-151-0-17.

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The purpose of the study is insurance in tourism in Ukraine on the example of a travel company that insures its customers when traveling. Ukraine’s transition to the market relations has dramatically changed former ways of doing business. In this perspective, organization of insurance business is becoming one of the significant factors influencing all sectors of the economy, including tourism. In modern conditions, insurance is an important and necessary tool that ensures overall economic and social stability and security, business development, effective protection against numerous risks, impl
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Pal, Tripti, Mohammad Irfan, and Salina Bt Kassim. "How Do Machine Learning (ML) Techniques Benefit the Insurance Industry?" In The Impact of AI Innovation on Financial Sectors in the Era of Industry 5.0. IGI Global, 2024. http://dx.doi.org/10.4018/979-8-3693-0082-4.ch007.

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In the present time, machine learning technologies are used for commercial purposes in many industries, not only the insurance sector. The insurance sector is essential to the global economy because it gives both individuals and corporations safety and financial stability. However, the industry is dealing with serious issues like increased competition, rising costs, and evolving consumer expectations. In order to overcome these problems, insurance companies are employing artificial intelligence (AI) technologies. In light of this, artificial intelligence is revolutionizing the industry in nume
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Fedoryshyna, Lidiia. "INCREASING THE EFFICIENCY OF THE FINANCIAL PROFITABILITY OF THE INSURANCE COMPANY (ON THE EXAMPLE OF ARKS INSURANCE COMPANY)." In Traditional and innovative approaches to scientific research: theory, methodology, practice. Publishing House “Baltija Publishing”, 2022. http://dx.doi.org/10.30525/978-9934-26-241-8-26.

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The purpose of the article is to increase the efficiency of financial profitability of insurance activity. In terms of market relations, one of the performance indicators of all organizations is profitability. It becomes the economic development of the organization and the strengthening of the basis of its financial relations with all participants in the processes of entrepreneurial activity. At the same time, the result of the influence of a combination of negative factors is a decrease in the level of financial profitability of enterprises, receiving a loss or even ceasing operations. Achiev
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Conference papers on the topic "Insurance companies stability"

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Dziubetcaia, Tatiana. "Development trends of corporate insurance in the moldovan insurance market." In Modern finance from the perspective of sustainability of national economies. International Scientific Conference. Academy of Economic Studies, 2025. https://doi.org/10.53486/mfsne2024.11.

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In a market economy, each enterprise is responsible for its financial stability. To ensure comprehensive protection of an organization's interests, corporate insurance is used as one of the key tools for risk management. It addresses various issues, ranging from property protection to employee motivation and information security. Currently, this segment of the insurance market in Moldova is not as developed as it is abroad. However, demand for these services has been growing in recent years. Man-made disasters, fires, floods, and other risks make businesses seriously consider protecting their
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Aprodu, Cătălina, and Marina Strătilă. "Analysis of the insurance market in the republic of moldova and existing problems in the field." In Simpozion Ştiinţific al Tinerilor Cercetători, Ediţia a 21-a. Academy of Economic Studies of Moldova, 2024. http://dx.doi.org/10.53486/sstc.v2.03.

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The insurance industry serves a critical role in offering financial protection and risk mitigation to individuals, businesses, and governments. A well-functioning insurance market ensures that risks are shared among a large pool of policyholders, which promotes economic stability and lessens the impact of financial shocks. Based on the evaluation conducted for the years 2016 to 2020, it was found that insurance companies had revised their asset allocation strategies by increasing investments in eligible assets such as state securities and deposits that represent technical reserves and minimum
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Ermakov, Dmitrii Nikolaevich, and Galina Vladimirovna Surkova. "International experience in reducing losses of labor resources in the context of minimizing industrial conflicts." In Сollection of articles. Publishing house Sreda, 2018. http://dx.doi.org/10.31483/r-11282.

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The constitutions of many States set out the obligation of the government to guarantee a well-functioning and reliable system of protection against industrial injuries. Whether the government provides workers ' compensation insurance directly, or when it is delegated to a third party (special authorities or insurance companies), the government is still responsible for the operation of the system. The latter is of particular importance, since the settlement of claims for workers ' compensation insurance is of a long-term nature. An effective system of protection against industrial injuries and
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Карпенко, Анастасия. "Геймификация в страховании: новый вектор развития сферы услуг". У Սոցիալ–տնտեսական զարգացման հիմնախնդիրներն արհեստական բանականության նվաճումների ներդրման պայմաններում. ՀՀ ԳԱԱ ՏԻ, 2024. https://doi.org/10.54503/978-9939-9312-4-1-287.

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В статье исследовано роль страховых услуг в экономике и их вклад в социальную стабильность. Основное внимание уделяется мотивации персонала как драйверу успеха страховых компаний. The article examines the role of insurance services in the economy and their contribution to social stability. The main attention is paid to personnel motivation as a driver of the success of insurance companies. Հոդվածում ուսումնասիրվում է ապահովագրական ծառայությունների դերը տնտեսության մեջ և դրանց ներդրումը սոցիալական կայունության մեջ: Հիմնական ուշադրությունը հատկացվում է անձնակազմի շահադրդմանը՝ որպես ապահովագրական
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Timus, Angela, and Olga Timofei. "Direcții de dezvoltare a sectorului de asigurări din Republica Moldova." In International Scientific-Practical Conference "Economic growth in the conditions of globalization". National Institute for Economic Research, 2023. http://dx.doi.org/10.36004/nier.cecg.iii.2023.17.9.

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The present study aims to analyze the insurance market situation globally and in the Republic of Moldova, with a focus on the trends in the country's insurance sector. The methodology employed involves a detailed investigation of national legislation and the application of international regulatory practices in the insurance field, accompanied by an analysis of the effects reflected in the core indicators of the sector. The empirical analysis is based on data derived from reports and statistics pertaining to the domestic insurance market. The obtained results reveal that the lack of appropriate
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Costetchi, Milina, and Lidia Caus. "Challenges and trends in the accounting of social and medical contributions." In International student scientific conference, ISSC 2025 "Challenges of accounting for young researchers", 9th Edition. Academy of Economic Studies, 2025. https://doi.org/10.53486/issc2025.67.

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Social and medical insurance contributions represent essential obligations for employers, having a direct impact on employees' social security and companies' fiscal responsibilities. The study is based on an updated legislative framework, including the Tax Code, the Law on the Public Social Insurance System, and the Law on Mandatory Health Insurance. The main categories of contributions, applicable rates, and their accounting registration methods are presented. Additionally, the article details the processes of declaring and paying fiscal obligations, highlighting deadlines and penalties for n
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Peovski, Filip, and Igor Ivanovski. "Is the Claims Ratio Dynamic Predictable? A Study of the Macedonian Non-Life Insurance Sector." In Economic and Business Trends Shaping the Future. Ss Cyril and Methodius University, Faculty of Economics-Skopje, 2023. http://dx.doi.org/10.47063/ebtsf.2023.0009.

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Insurance, simplified to a risk management concept, offers protection against unexpected losses arising from adverse events. As a financial service of structural importance in modern economies, it requires specific attention due to its risk protection component. Consequently, insurance companies devote sufficient resources towards stable, resilient, and profitable operations. However, a scarce amount of research treats the topic of financial stability maintenance and claims management with even fewer studies dealing with its prediction. This study deals with claims ratio (CR) dynamics in the M
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Lukić, Marija, Tatjana Piljan, and Aleksandra Golubović-Stojanović. "The role of the actuary in risk management: How actuarial science contributes to the precise assessment of risks and insurance premiums." In Employment, Education and Entrepreneurship 2024. Faculty of Business Economics and Entrepreneurship, 2024. https://doi.org/10.5937/eee24041l.

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In today's business environment, risk management is becoming increasingly important due to the increased complexity and uncertainty in global financial markets. Actuaries, as experts in mathematics, statistics and finance, have a key role in this process. This paper explores the role of actuaries in the identification, assessment and management of different types of risk. Special emphasis is placed on quantitative methods and techniques that actuaries use to predict future events and their financial consequences. Concrete examples from practice, including insurance companies, pension funds and
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Anand, Sangeeta, and Sumeet Sharma. "LONG-TERM CARE INSURANCE (LTCI) SYSTEMS MODERNIZATION USING CLOUD-BASED DATA ANALYTICS." In 12th International Conference on Signal Processing. Academy & Industry Research Collaboration, 2025. https://doi.org/10.5121/csit.2025.151107.

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Changing demographics, growing healthcare expenses, and better standards for digital service supply have long-term care insurance (LTCI) firms under more and more pressure to modernise. Standard long-term care insurance plans fall short in managing claims, assessing risks, ensuring policy compliance, or providing consumers with decent customer service. Usually, several data storage, human procedures, and outdated technology lead to these issues. These restrictions deliver more specialised, premium treatment, increase running expenses, and complicate response. This essay explores how employing
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Tsintsadze, Asie, Irina Vashakmadze, Irina Tavadze, and Lilit Meloyan-Phutkaradze. "Analysis of the Financial Market as a Driving Force of the Regional Economy in the Conditions of pre- and post – Pandemic." In 22nd International Scientific Conference. “Economic Science for Rural Development 2021”. Latvia University of Life Sciences and Technologies. Faculty of Economics and Social Development, 2021. http://dx.doi.org/10.22616/esrd.2021.55.025.

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The pandemic has negatively affected the financial sector, as well as the real sector of the economy, both losses and credit risks in the financial market have increased on the background of the economic activity slowed-down. In 2019, the credit activity was high, however after the spread of the virus the activity slowed down significantly. This is natural, as due to the suspension of production –organizing, the unemployment has increased. Volume of the direct foreign investments has decreased by 42 %. Government of Georgia has developed an anti-crisis plan, important part of which is about th
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Reports on the topic "Insurance companies stability"

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Barreix, Alberto Daniel, Jerónimo Roca, and Fernando Velayos. Quo Vadis Income Tax?: Towards the PIT-CA. Inter-American Development Bank, 2017. http://dx.doi.org/10.18235/0007979.

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The income tax system has prevailed for more than 200 years. Its capacity to adapt to cultural, economic, political, and social change has made it the greatest raiser of revenue in human history. The 2008 financial crisis and its consequent fiscal crises brought about fundamental administrative changes, notably a greater impulse toward tax transparency. Those changes offer a challenge and an opportunity for the modification of income tax’s design. Financial systems in the developed countries, which needed huge bailouts in a context of widespread insecurity (intervention in banks and insurance
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Financial Stability Report - Second Half of 2022. Banco de la República, 2023. http://dx.doi.org/10.32468/rept-estab-fin.sem2.eng-2022.

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Banco de la República’s main goal is to preserve the purchasing power of the currency in coordination with the general economic policy that is intended to stabilize output and employment at long-term sustainable levels. Properly meeting the goal assigned to the Bank by the 1991 Constitution critically depends on preserving financial stability. This is understood to be a general condition in which the financial system evaluates and manages the financial risks in a way that facilitates the suitable performance of the economy and efficient allocation of resources while, at the same time, it is ab
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