Return on Equity Benchmarking of Insurance Companies and Reinsurance Companies in EU

Ljudje so si skozi ves zgodovinski razvoj prizadevali zagotoviti varnost. Dandanes je varnost javna dobrina, ki mora biti dostopna vsem. Zavarovalništvo je mehanizem zagotavljanja varnosti. Zavarovalništvo v današnji sodobni družbi vse bolj pridobiva na pomenu, saj ni le človek predmet zagotavljanja varnosti, ampak tudi vse, kar je z njim neposredno povezano. Prav tako je pomembna tudi pozavarovalna dejavnost, brez katere zavarovalnice ne bi mogle obstati na trgu. Naloga v prvem delu povzema teorijo o zavarovalnicah in pozavarovalnicah, v drugem, empiričnem delu pa raziskuje in primerja donosnost obeh. Torej smo obravnavali zavarovalnice in pozavarovalnice tudi iz finančnega vidika. Omejili smo se na trg Evropske unije, ki je visoko razvit. Naš vzorec je obsegal 10 zavarovalnic in 10 pozavarovalnic za katere smo zbrali podatke petih zaporednih let, od leta 2010 do 2014. S pomočjo analize smo ugotovili, da so v teh letih bile pozavarovalnice bolj donosne, vendar pa bi morali za bolj natančno raziskavo vzeti večji vzorec in daljše časovno obdobje.People have throughout the historical development strive to ensure safety. Todaj, safety is a public good that has to be accessible to everyone. Insurance is a mechanism for providing safety. Insurance in today\u27s modern society is increasingly gaining in importance, since it is not only human the subject to ensure safety, but also everything directly connected with him. Also important is reinsurance activity, withouth which insurance companies could not survive on the market. This paper in his first part summarizes the teory of insurance and reinsurance companies, in the second, empirical part it explores and compares the profitability of both. So we dealt with insurance and reinsurance companies also from the financial point of view. We restricted to the European Union market, which is highly developed. Our sample included 10 insurance an 10 reinsurance companies for which data we collected for five consecutive years, from 2010 to 2014. Through teh analysis, we found that in these years reinsurance companies were more profitable, but for a more detailed investigation we would have to take a larger sample and a longer period of time