General Consideration Regarding the Insurance Field in the Financial Perspective

This article provides a qualitative analysis of the data on the insurance fund studied at the economic level. This approach allows us to take into account the functions of insurance with elements of a social order, such as the distribution function, which is defined in culture as something beyond fi...

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Bibliographic Details
Published in:"Ovidius" University Annals. Economic Sciences Series (Online) 2019-01, Vol.XIX (2), p.916-920
Main Authors: Monica-Ioana Toader, Adriana-Ioana Filip (Croitoru), Diana-Nicoleta Georgescu
Format: Article
Language:English
Subjects:
economic
financiar
functions
insurance
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Summary:This article provides a qualitative analysis of the data on the insurance fund studied at the economic level. This approach allows us to take into account the functions of insurance with elements of a social order, such as the distribution function, which is defined in culture as something beyond financial. In the early stages of the insurance industry, the idea of monetary evaluation of human life was rejected by many, since it saw the profanity that transformed a holy event of insurance into ordinary goods. By the end of the 19TH century the economic definition, the values became more acceptable, which ensured legitimacy in the insurance sector.
ISSN:2393-3127
2393-3127