Development of Industrial Fire Insurance at JSIC "Ozk-Insurance" JSC


insurance, gross written premium income, insurance compensation

The main purpose of the study is to assess the state and prospects for the development of the "Industrial Fire" insurance policy offered by JSIC "OZK-Insurance" JSC.

The article traces the dynamics of gross written premium income realised by the insurance company and the insurance payments made by it for the period 2017-2021. Thanks to the calculated loss ratio, the status of the "Industrial Fire" insurance policy, offered by JSIC "OZK-Insurance" JSC was revealed.

On the basis of the conducted research, it was concluded that JSIC "OZK-Insurance" JSC has good opportunities for the development of "Industrial Fire" insurance.

JEL: G22
Pages: 9

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