The insurance premium is the fee that the insurance company receives for insurance.

The amount of money that a company pays out in the event of an insurance claim.

The amount of money within which the insurer, in accordance with the terms of the insurance, is obliged to make a payment in the event of an insured event

The amount of money that the insurer sets aside for future insurance payments

Insurance of significant risks by a company with another insurer, often referred to as “reinsurance” or “risk transfer” for added protection.

The insurance penetration rate in the Ukrainian economy, which is the ratio of insurance premiums to the Gross Domestic Product (GDP)

The amount of insurance premiums per person.

ROE (return on equity) – is a financial ratio that measures how effectively a company is utilizing its shareholders’ equity to generate profits.

The part of the insurance coverage that a company retains on its own responsibility

Life insurance with an accumulation component is aimed at providing both insurance coverage in the event of the death of the insured, as well as the accumulation of funds. At the end of the contract, you receive the funds paid for the entire period and investment income

Life insurance with a risk component, under which you have insurance protection, for example, in case of unexpected events that may happen to your health