Abstract
ABSTRACT The insurance companies differ from other financial and non-financial companies. They deal with others funds, rather than dealing with capitals especially when they are related to the investment operations. They collect money from insurance policy then carry and take some of them for the reserves and technical allowances sufficiently to face the obligations that the company seeks to maintain and develop funds. The importance and aim of the research emerged in three levels: The first is academic one according to the concepts of investment theory in the insurance companies. The second is the technical for the help for the insurance companies in making the scientific steps for investment. While, the third is an application for evaluating the investment policies for the sample companies, depending on a group of questioning .The most significant one, there are a consistent of the limited legal rates on the insurance jobs and the principles and conditions of the academic investment depending on the hypothesis of disconsistency. The search concludes many results one of them, the stability of the hypothesis of the disconsistency. The research suggested a model for investment rates of the money, which is suitable to employ (investment) in the insurance companies. .
