This article focuses on the insurance markets transition process in ten South-
Eastern Europe (SEE) post-communist countries. These insurance markets,
characterized by a large number of small insurance companies, have been
analyzed from several aspects in order to underline the main obstacles to their
development. The research aims at identifying the relations between insurance
market development and the European Union (EU) integration process as well
as the overall economic development. To this end, indicators of the success in
implementing these relevant processes have been identified and countries have
been consistently ranked.
