Abstract:

In the modern economy, risk coverage is a complex multidimensional activity that interacts with many aspects of daily life The importance of insurance sector is not measured exclusively by the number of people who use this sector in a certain country, but by the assets under management and/ or by its contribution to the formation of the gross domestic product. In fact, the insurance sector plays a fundamental role in the functioning of a modern economy, because many activities cannot be done without insurance. insurance is not just the financial compensation of the victims of ab insured event, it is the engine of the capitalization process of a modern economy.