Insurance Market Analysis During The Pandemic

The social and global context involves many structural and functional changes, and the task of the insurance market involves unprecedented changes and becomes very difficult. The paper is based on research of statistical data resulting from national reports on the evolution of the insurance market in the last 5 years, information collected based on additional reports, completed based on accounting and technical-operational records, submitted by insurance companies. The results of the analysis highlight the fact that the evolution and structural changes of the insurance demand are subject to the socio-economic conditions of the reference period strongly influenced by the pandemic, but also to the legislative conditions, legal and fnancial facilities, and interest in promoting various forms of insurance, both on the part of the insurance company and the insured. Among the recommendations of this paper is the fact that insurance organizations in Romania must embrace change in Europe in general and in Romanian in particular, and take the opportunity to guide their employees to performance by putting them first