Reinsurance market development trends in Georgia

Georgian insurance companies are actively resorting to reinsurance operations due to lack of capital, which allows them to cover the maximum loss in terms of minimum capital. Reinsurance is the best way to speed up the integration process.
The master's thesis studies:
• Nature of reinsurance, functions, amount of its share in the market;
• Explains the reinsurance mechanism, its subjects and objects;
• The socio-economic basis for the development of the insurance and reinsurance market, the main factors and goals leading to its transformation and reorganization are studied;
• The results of the reforms developed and implemented in the insurance sector of Georgia are analyzed and evaluated;
• Based on the analysis of the current state of the Georgian insurance market, ways have been set for the wider introduction of insurance and reinsurance types and the improvement of insurance activities as a whole.