EFFICIENCY OF INSURANCE ACTIVITIES IN ROMANIA

Abstract

The assessment of a company’s insurance performances has to consider both the financial results, the ratio between resulting effect and efforts made in order to get this effect as well as insurer’s success assessment in order to fulfil its clients’ needs. Insurances efficiency is an economic and social form of efficiency and expresses the ratio between the results of insurance activities and recovery expenses made for the damaged goods or insured sums payments and the financial results achieved by the insurer

Keywords

• provided
• insurance
• effective insurance