TREND OF GROSE POLISED PREMIUMS ACCORDING TO INSURANCE CLASSES. COMPARATION 2020 WITH 2019

Abstract

The purpose of this work is to introduce with the parameters or the amounts of the premium for two consecutive years of non life insurance companies which give us a clear insight and controls of the moving trends in the Republic of North Macedonia. With the analyzed parameters we get clear guidilines and better directions for better management in order to increase the stability, representation and profitability of the insurance sector.

The current figures and numbers confirm that insurance is a serious, stable and loyal partner of the citizens, the economy and in general of the whole society of our country. Insurance is included in a lot of spheres of human activity. These growth is followed with increasing the number of participants in the insurance sector or the number of insurance companies as its main pillar. The aim is to take a decisive steps to pave the way to an industry that conquers the industrial market by offering a wide range of specific, stable insurance products, designed and created according to customer requirements.

By analysing the data from the two consequence years we get the clear target of where we should be focused in order to maximize the measures we take.