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General Consideration Regarding the Insurance Field in the Financial Perspective

Author

Listed:
  • Monica-Ioana Toader

    („1st of December†University of Alba Iulia)

  • Adriana-Ioana Filip (Croitoru)

    („Valahia†University of Târgovişte)

  • Diana-Nicoleta Georgescu

    („Valahia†University of Târgovişte)

Abstract

This article provides a qualitative analysis of the data on the insurance fund studied at the economic level. This approach allows us to take into account the functions of insurance with elements of a social order, such as the distribution function, which is defined in culture as something beyond financial. In the early stages of the insurance industry, the idea of monetary evaluation of human life was rejected by many, since it saw the profanity that transformed a holy event of insurance into ordinary goods. By the end of the 19TH century the economic definition, the values became more acceptable, which ensured legitimacy in the insurance sector.

Suggested Citation

  • Monica-Ioana Toader & Adriana-Ioana Filip (Croitoru) & Diana-Nicoleta Georgescu, 2019. "General Consideration Regarding the Insurance Field in the Financial Perspective," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 916-920, December.
    • Handle: RePEc:ovi:oviste:v:xix:y:2019:i:2:p:916-920
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    More about this item

    Keywords

    : insurance; economic; financiar; functions;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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