The insurance sector is considered one of the most important pillars of world financial services. It accompanies, supports and helps in stabilizing other economic activities. This study tries to illustrate the important role of insurance in the economic activity, and its position in national economies around the world. In this study we try to define some aspects in insurance, which affect the economic activity, especially in industry and agriculture sectors, in addition to the illustration of the insurance position in the economic of some countries, and the involvement of this sector's development with the general economic evolution in these countries, trying to reach applicable objective recommendation that contributes in the development of this sector in Syria.