Stojić, PhD Dragan, Professor

BOOK REVIEW

INSURANCE AND REINSURANCE FOR THE 21ST CENTURY: FROM DISRUPTION TO EVOLUTION

Author: Professor Vladimir Njegomir, PhD Publisher: Faculty of Tourism and Hospitality – Ohrid, University St. Kliment Ohridski in Bitola Year: 2023 Number of pages: 456 pages Insurance theory is covered today by a large number of insurance-related textbooks. However, not many monographs deal with specific areas and issues of great importance both for insurance theory and practice. Monograph Insurance and Reinsurance for the 21st Century – from Disruption to Evolution by professor Vladimir Njegomir, published by the Faculty of Tourism and Hospitality in Ohrid, University St. Kliment Ohridski in Bitola, is written in English and is one of the more successful ones that connects insurance theory and practice. The book was a result of the author's desire to fill the identified lack of coverage in the literature regarding the challenges that affect changes in insurance and reinsurance. The monograph provides a theoretical basis and gives a practical overview of the factors affecting disruptions in the insurance sector, as well as the adaptation of that sector to these challenges. It points to all relevant trends in insurance and reinsurance that will determine their future in the 21st century. This book is intended primarily for insurance and reinsurance experts, but also for entrepreneurs, businessmen, students, and for all who want to learn about trends that will determine development of insurance and reinsurance in the 21st century.