Administrative and legal regulation of insurance as a type of enterprise activity
The article is devoted to the study of insurance as an entrepreneurial activity, which is a
professional protection of property interests of individuals and legal entities, at the expense of
which funds are formed cash funds intended to cover material losses associated with the onset
of certain events. An efficient, financially stable insurance system protects the society from
many social shocks, stimulates business activity, improves the investment climate, contributing
to economic growth in the state as a whole.