Comparison of life insurance in slovenia and belgium

Z namenom zagotovitve finančne varnosti se v času, v katerem živimo, punujajo različne oblike življenjskih zavarovanj. Življenjsko zavarovanje smo opredelili kot dejavnost, ki nam zagotavlja gospodarsko varnost v primeru nastanka škodnega dogodka. Katero vrsto življenjskega zavarovanja bomo izbrali, je odvisno od vsakega posameznika in tudi od ciljev ter namena, ki jih želimo z zavarovanjem doseči. Končni cilj življenjskega zavarovanja je zagotovitev finančne varnosti tako sebi kot svojim najbližjim. Pričujoče magistrsko delo temelji na primerjavi trga življenjskih zavarovanj v Sloveniji in Belgiji. S primerjavo zavarovalniških trgov obeh držav ugotovimo, da Slovenija spada med države s srednje razvitim zavarovalniškim trgom, medtem ko Belgijo uvrščamo med države z nekoliko bolj razvitim trgom. Magistrsko delo sestavlja pet poglavij. V prvem poglavju smo teoretično opredelili pojem življenjskega zavarovanja in predstavili cilje ter namen magistrskega dela. Hkrati smo predstavili raziskovalna vprašanja, na katera smo v pričujočem magistrskem delu tudi poskušali odgovoriti. V drugem poglavju smo opisali življenjska zavarovanja, kot jih definirajo posamezni avtorji. Predstavili smo tudi glavne razloge za sklenitev življenjskega zavarovanja ter obstoječe vrste omenjenih zavarovanj, upoštevajoč tudi davčno obravnavo le-teh. Nekaj raziskovalne pozornosti smo namenili predstavitvi vplivov na ponudbo in povpraševanje tovrstnih zavarovanj, ter ob koncu poglavja izpostavili še trende teh zavarovanj v prihodnosti. V tretjem in četrtem poglavju smo predstavili trg življenjskih zavarovanj ločeno za Slovenijo in Belgijo. Za obe izbrani državi smo opisali zavarovalniški sektor ter izpostavili tiste državne organe, ki nadzirajo zavarovalniški sektor znotraj države. Predstavili smo tudi kazalnika razvoja zavarovalništva in glavne ponudnike tovrstnih zavarovanj. V zadnjem poglavju smo naredili primerjavo obeh zavarovalniških trgov. Ugotovili smo, da se je obseg življenjskih zavarovanj oz. delež premij le-teh v celotni zavarovalni premiji med letoma 2005 in 2015 v obeh državah zmanjšal, vendar bistveno manj v Sloveniji kot v Belgiji. Naslednja ugotovitev se nanaša na delež BDP-ja, ki ga v posamezni državi namenijo za tovrstna zavarovanja. Ta je bistveno višji v Belgiji kot v Sloveniji, vendar se tudi ta razlika konstantno zmanjšuje. V zadnjem delu smo ugotovili, da ima inflacija v Sloveniji, če upoštevamo celotno zavarovalno premijo, močnejši in pozitivnejši vpliv na delež premij življenjskih zavarovanj. Magistrsko delo tako ponuja odgovore na zastavljena raziskovalna vrašanja, katerih sklepna ugotovitev je, da je belgijski trg življenjskih zavarovanj veliko bolj razvit kot slovenski, vendar se ta razlika konstantno zmanjšuje.In order to ensure a financial security in the present time, we can find various forms of life insurance. Life insurance has been defined as an activity that provides us economic security in a loss event. What type of life insurance will be chosen, depending on the individual and also on the aims and the purpose that we want to achieve. The ultimate goal of life insurance is to provide financial security of both - ourselves and our loved ones. The present study is based on a comparison of the life insurance market in Slovenia and Belgium. By comparing insurance markets of both countries we concluded that Slovenia is among the countries with the medium developed insurance market, while Belgium is ranked among the countries with a more developed market. The master\u27s thesis consists of five chapters. In the first chapter we defined the theoretical concept of life insurance and introduced the goals and purpose of the thesis. At the same time we present research questions on which we try to answer in this thesis. In the second chapter we describe the life insurance, as they define the individual authors. We also presented the main reasons for the conclusion of life insurance and we also presented the existing types of insurance considering the tax treatment, too. Some of the research attention was devoted to the presentation of the effects on supply and demand of such insurance, and at the end of the chapter we highlighted the development trend of insurance in the future. In the third and the fourth chapter, we presented the life insurance market separately for Slovenia and Belgium. For both country we described the insurance sector and we exposed the public authorities who supervise the insurance sector in the country. We also presented the indicator of development of insurance and a major provider of such insurance. In the last chapter we made a comparison of the two insurance markets. We have found that the range of life insurance and/or the share of premiums in the total insurance premium between 2005 and 2015, in both countries decreased, but significantly less in Slovenia than in Belgium. Another observation refers to the share of GDP in each country is allocated for this type of insurance. This is significantly higher in Belgium than in Slovenia, but the difference is constantly decreasing. In the last section we found that inflation in Slovenia, considering the entire insurance premium, has powerful and positive impact on the share of life insurance premiums. Master task also provides answers to the research questions, and the conclusion is that the Belgian life insurance market is much more developed than Slovenian, but this difference is constantly decreasing