Challenges in Insurance Industry

How is possible to manage many numerous risks, in order to achieve human as well as environmental wellbeing, and to form modern insurance industry? This issue is very modern and it requires rational answers. Also, this is field of scientific research. Research results are commonly used by law regulative as row model for the profession and practice. Is mentioned line we can identify challenges in insurance sector. What are the characteristics of these challenges in developed and developing countries? What is the behavior of countries that are liders and those that are not? What are financial components, and what are social and personal effects of the modern insurance industry development? Insurance sector always has its own clear mission: to achieve as high as possible level of spiritual and material safety of the person insured. The vision should be achieving as high as possible level of spiritual and material safety of the person insured in real environment. Mission and vision of the insurance continuously transformed industry from everyday human activity to modern industry. This trend can not be stopped, because we are able to identify more and more risks every day and their identification, processing and management is more challenging. Two components are very important: financial and social. Developed countries formed the insurance industry as powerful and respectful sector that is important part of financial market. Its users are hundreds of millions of citizens and companies. Financial effects of life insurance are much higher that those of non-life. Developing countries has no alternative than to follow, as quickly as they can, the developed countries path. That should make easier building own insurance industry. Globalization, controlled liberalization and all migration movements are additional and unavoidable factors that support insurance challenges. What is the suggestion for small, not enough developed countries as Bosnia and Herzegovina or all countries of ex-Yugoslavia? Basic scientific truths in this field are continuous: probability theory and great numbers law, actuarial calculus based on relevant empiric research. Insurance challenges start with actuarial calculus and data needed. That follows portfolio formulation and investment of temporarily available funds. That means participation of insurance companies at financial markets as financial intermediates. How these challenges are present and how is possible to manage them in insurance sector of developed and developing countries as Bosnia and Herzegovina?insurance, risks, developed countries, developing countries

Social work in Bosnia and Herzegovina

The article aims to provide a brief overview of the legacy of social welfare and social work within former Yugoslavia and how it was enacted and practised in Bosnia and Herzegovina (one of six states within it) as well as the key changes that followed during and after the 1992-1996 war in this country. The overview also highlights specific roles of both international organisations and local decision makers during and after the war and how it impacted both grassroots social work practice and the changing needs of people who use services – particularly the ever increasing experience of poverty and it’s various impacts. Within a complex and politicised governance structure, key issues for consideration of the future role for the profession are highlighted

Att existera i två olika kulturer: en studie om unga människors identitet och tillhörighetskänsla

This essay treats the theme about processes of identitycreation and feelings of belonging on a couple of young bosnians who are resident in Malmö. The studies background takes starting point in the life after the war in Bosnia and Herzegovina at the late 19: th century and the new life situation in the swedish society. The problemformulation is based on the handle of the different repositions that many individuals with immigrantbackground meet in the new society. The purpose with this study is to further investigate and create a picture on how the young bosnians describes the split between two cultures and in addition how theyself experience their identity and belonging in circumstance to Sweden and the past homecountry. The mainquestions that are beeing brought to be: How is the young people's identity and feelings of belonging while existing in two different worlds? How do they experience their meeting with the swedish society? How do they experience meeting between these two cultural worlds and what does it mean to them? The essay is an empirical investigation and the method that is being used has a qualitative character. The studies point lies on empirical material, videlicet seven bosnians own experiences. The theorychapter endures Anthony Giddens structuretheory and George Herbert Meads: the human's ideological consciousness. The conceptions that we bring up in this chapter are: ontological safeness, identity and identitycreation, ethnicity, culture and socialization. The studies result was analyzed on the basis of a hermeneutic researchapproach with dialectic review of collected material. The final conclusion shows among other things insecureness and dissonance what matters young bosnians identity, belongings and outsiding to both Sweden and the earlier homecountry