Insolvência, Regulação e Valor de Liquidação no Mercado de Seguros Brasileiro

Abstract

    This article investigates the accounting procedures evaluation for insurance companies in discontinuity. Two methodologies were adopted. First, a bibliography search about the accounting procedure evaluation and the economic and juridical aspects of the insolvency phenomenon. After that, an empirical research was performed to identify if assets' evaluation procedures for insurance companies on going concern are different from the ones adopted by discontinued companies. In addition we investigated i) if there is any difference between the accounting procedures and which are they; ii) if there is any difference between the theory and practice. This positive approach allowed us to identify that insurance companies in discontinuity do not measured their assets by exit values, and, besides that, insurance companies manage their accounting information in order to mislead their financial and economic situation that lead to the discontinuity process.