The comparison of European and Slovak insurance markets

Up to 1989, the post-communistic European countries developed under regimes that were known by their stubborn and systematic degradation and refusal of market economy. Currently they are in the process of their integration into the European Union. S ince 1989, individual post-socialistic countries have gone through differentiated developments. However, it is possible to observe some common elements that have been formulated as integration criteria required by the European Union. The current integration process of the Slovak Republic takes place on several platforms. It is not possible to assess any of them as being more important than others. However, there is no doubt that insurance, being part of the financial sector, represents a significant aspect of integration. Within this. context, it may be interesting to compare the European and Slovak insurance markets.