SUMMARY The current development level of insurance sector in our country is not
satisfactory. There is a big necessity of qualitatively and quantitatively
improvement of this sector and therefore the study of issues regulating the
insurance market are considered an actual. Some aspects of insurance were
researched by various authors. In order to achieve this aim the following
works were done: the role and position of insurance supervision in the
formation of the national model of development of economy were
determined.