COMPARISON OF ASSET STRUCTURE OF INSURANCE COMPANIES AND PENSION FUNDS

A specific asset structure of financial institutions is due to those companies focusing on a particular market segment. The aim of this article is to compare assets of two fastest growing segments of financial services, i.e. insurance companies and pension funds in Slovakia, and monitor the development of their assets over time. Both of these segments were classified by the system of national accounts ESA 2010 in the same category, because of a lot of similarities they share. It is caused especially by providing products thanks to which customers can reduce risk in the long term horizon. This is also reflected in the similarity of the obligations which these companies have with their clients and, subsequently, owned property in which they invest. Especially in the period of increasing globalization and liberalization of financial markets it is necessary to monitor trends in these institutions because careless distribution of assets at present could affect masses of people a few decades later.