CURRENT TRENDS AND DIRECTIONS REFORMS OF INSURANCE MARKET IN UKRAINE

The subject of the research is theoretical and practical aspects of the insurance market of Ukraine. The purpose of this article is to analyze the current trends of functioning of the insurance market, to identify trends and mechanisms of further reform. Methods and methodology of research. The article is based on the use of scientific methods, dialectic methods, economic and statistical methods. The results. There are an analysis of the results of the insurance operation of insurance companies and summarized current trends functioning of the insurance market of Ukraine. This article also revealed areas for further reform of the insurance market and the mechanisms enhance the role of insurance companies in the field of insurance protection for individuals and businesses in order to increase investment in the economy. The scope of the results. The results can be used in the development and decision-making in the management of insurance companies, government regulation and supervision of insurance activities. The conclusions. The article contains description of current trends in the insurance market of Ukraine and the key problematic aspects of insurance companies that hinder their development. Also suggested areas of improvement conditions of the functioning the insurers and practical steps regarding the development of the insurance industry in the economy.