COORDONATE ALE MANAGEMENTULUI FINANCIAR ÎN
                  SOCIETĂŢILE DE ASIGURĂRI /
      COORDINATES OF FINANCIAL MANAGEMENT IN INSURANCE
                          COMPANY

Prof.univ.dr. Lazăr Cistelecan - Universitatea „Petru Maior” Târgu Mureş,
lazar.cistelecan@ea.upm.ro
Lect.univ.drd Daniel Ştefan - Universitatea „Petru Maior” Târgu Mureş,
daniel.stefan@ea.upm.ro
Ec.dr. Manole Bogdan Decebal - Director Suc.Jud. Cluj-ASIROM
Ec.drd. Marcel N. Udrea - Director Suc. Jud. Sibiu-ASIROM

Abstract:
Our research aims to identifying the coordinates of financial management at the level of
insurance companies. Insurance companies sell insurance products at a specific price (the
insurance premium), without knowing the right cost, until the risk occurs. From this perspective,
they need to mobilize and posses resources, that are used to meet anytime the financial claims.
That explains how insurance sector is required to fulfill restrictions concerning a minimum level
of issued and subscribed capital, specific reserves that need to be constituted, financial
investments, monitoring the financial position and the relations with the insured by the
supervising authority, etc.

Keywords: insurance, insurance company, financial management, financial position

JEL codes: G22, G29