2013, nr. 3

STAGES OF FORMATION OF INSURANCE BUSINESS IN THE REPUBLIC OF MOLDOVA AND ITS MODERN DEVELOPMENT

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Authors:  
Igor DOLGHI, PhD, lecturer, MA State University of Moldova

The creation of modern insurance industry will allow the state: to reduce the burden on the state budget as concerns the compensation of unexpected losses, caused by factors of different nature; to solve some problems of Social Security in the conditions of the market economy; and to attract the savings of the population and organizations in the turnover of the national economy on a long-term basis.

Keywords:  
insurance, insurer, insurance premiums, training phase of the insurance market, insurance services, insurance compensation, professional participants in the insurance market, supervisory authority, system of regulation of the insurance market.