Control of Risk and Insurance / Kontrola rizika i osiguranje

Abstract

The realization of the risk depends primarily on its nature. But the risk can be multiplied, making it harder to control. Risk control and possibility to influence of its realization is one of the most complex operations, not just for insurance companies, but, also, for all subjects in society. The risk always threatens, no matter what consists and when and where it can achieve. We must study the risk, in the first place, from the aspect of the insurer, which is the his main activity (referring to the coverage of risks), but, also, we have to observe and protect against risk across the enterprise, legal persons, in general. This paper talks about risk control methods and ways of managing risk in the insurance companies, as well as the other legal entities, who seek protection from risks, primarily in insurance companies, but they must defined, the other models of protection. Also, this paper pays attention to one of the important acts when it comes to control risk by the insurer. This is the EU directive No. 2009/138/EC, which is called “Solvency II” and aimed at introducing a comprehensive risk management in order to protect the policyholders. The conclusion of this paper refers to the fact that the risk can be controlled and that the protection does not consist only in insurance, as well as, in coinsurance and reinsurance, but also in preventing, or, in taking action to reduce risks and damages.