Methodological Aspects for Assessing the Results of Strategic Planning of Revenues and Expenses in Insurance Company Over a 10-Year Period

Authors:

Pages: 112-119
DOI: https://doi.org/10.54664/AEFW6300

Abstract:

The development of individual insurance companies in the context of a global crisis and an increasingly competitive environment raises many questions among managers, whose decisions depend on the development of the respective company. These include whether the company will evolve in 10 years, what financial situation it will be in, what market share it will have and what its profit rate will be at the end of the period. The answers to them lie in the correct analysis of the source data, the professional selection of the corrective factors for straightening the planning functions and finally the professional attitude of managers with regard to variables in the intermediate stages.

Keywords:

insurance company; analysis; assessing; expenses; revenues

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