Adobtation and implementation of integrated risk management in insurance industry in kosova

Abstract

The companies during their activities establish planes appointing objectives regarding the achievement of their 
purposes through a precise setting of objectives. During their business, the companies may be facing with 
different risks that can affect enterprises’ objectives, mission and its vision. Achieving this goals and objectives 
request or is necessary to have a good and coordinated framework or a complete infrastructure of ERM within 
the company.    
Considering the experiences of other countries which had such itinerary in the application of management 
methods or risk management for insurance companies, to us is necessary using the implementation of risk 
management as a way toward the integrated method implementation or as briefly known ERM also in the new 
industry of insurance in Kosova