At present, insurance has become an important sector of the national economy. The percentage of insurance penetration rate in GDP can reach up to 13% and is generally much higher as the country reached a higher level of economic development, for example, the average of this indicator in the...

Insurance in modern society has developed both because of the awareness of risks and increase of their range, as a result of new techniques and technologies, explosive growth in transport, as well as other economic and social issues arising from growth and complexity generating stress of daily...