Author
Listed:
- Anufrijev, Ana
- Ragonjic, Savo
- Dasic, Goran
Abstract
Nowadays the business concept imposed by the trade system of doing profitable business to all institutional investors, including insurance companies, is based on the analysis of surroundings, on market research, on gathering relevant business information, that is on making decisions and identification of all potential external sources of risk. Only on the base of gathered information and performed analyses it is possible to start creating strategies of market approaches. Insurance companies are in constant process of adjusting their organizational structures, their financial management and management of human resources, as well as other activities supposed to contribute to the development of systems of internal controls - all this with the aim to insure the harmonization of doing their business with given models, that is to ensure the fulfilment of their goals and to prevent their excessive exposure to risks of various origins. The task of a strong and well developed section of insurance is to alleviate the pressure on public finance so much that the private insurance be able to reduce the demand for government's programs of social insurance. On the other hand, the industry of insurance contributes to the development of market of capital by grouping the means acessible not only to borrowers but also to issuers of securities, with regard to the fact that the insurers have long-term obligations.
Suggested Citation
Anufrijev, Ana & Ragonjic, Savo & Dasic, Goran, 2010.
"Financial Challenges in the Section of Insurance in Serbia,"
Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 56(2), June.
Handle:
RePEc:ags:sereko:288719
DOI: 10.22004/ag.econ.288719
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:sereko:288719. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.ekonomika.org.rs .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.