FOREIGN EXPERIENCE IN IMPLEMENTING DIGITAL PROJECTS IN THE INSURANCE MARKET
Keywords:
insurance market, insurance activity, insurance companies, insurance premiums, risk management, reinsurance, national insurance market, international insurance market, investment resources, economic stabilityAbstract
The article analyzes the role of the insurance market in the global and national economy, its importance in ensuring economic stability, and the main development trends. The socio-economic essence of insurance activity and its role in risk management, investment protection, and support of entrepreneurial activity are scientifically substantiated. In addition, the development indicators of the insurance market in world practice, the activities of large international insurance companies, and the share of insurance premiums in gross domestic product are examined. The results of the study show that the insurance market is an important mechanism for ensuring the sustainable development of economic sectors, reducing losses caused by natural and technological risks, and maintaining financial stability. Based on the experience of developed countries, conclusions and recommendations are proposed for the effective organization of the insurance market and the improvement of its institutional structure
References
1. www.forbes.com - Forbes rating agency official web website
2. www.swissre.com - the official website of the SWISIS RE news agency
3. International Association of Insurance Supervisors - Global insurance market report 2025 edition page 18.
