is a process of determining the real value of movable and immovable property acceptable or accepted for insurance. Insurance amount and insurance payments are calculated, amount of incurred loss and amount of insurance indemnities are determined based on insurance estimate. The term “risk estimate” in aggregate should be understood as follows: risk is a danger, but the danger is supposed, known. There are other dangers that are not perceived, currently unknown, but which may appear; probability degree of occurrence of alleged, but undesirable event – quantitative side of a risk, and amount of alleged damage is an important indicator for making a decision: to insure against this risk or not; what is the most rational and global insurance coverage for this facility of insurance, on what conditions should such insurance be carried out and at what rates; process of liquidation and minimization of loss in case of occurrence thereof; amount and expediency of reinsurance coverage; risk management, implementation of control measures. The need for a global risk estimate in these aspects makes the services of risk managers real and promising.