Наука Красноярья (Dec 2020)
PROSPECTS FOR CHINA-RUSSIA COOPERATION IN THE INSURANCE FIELD
Abstract
The article is devoted to the state of the insurance market in Russia and China. The issues of the activities of the largest insurance companies in Russia and China are considered. Analyzed are the main prospects of Chinese-Russian cooperation in the field of cooperation in the field of insurance. In the era of rapid technological development in the 21st century, people’s living standards have been significantly improved, and the digital economy has entered a period of comprehensive development. The rapid development of the digital economy has laid the foundation for the digitalization of China’s insurance market, so the insurance market has broad development prospects. The insurance market is a fixed trading place, such as an insurance exchange. The transaction objects of the insurance market are various insurance protections and other insurance services provided by insurers for the risks faced by consumers, that is, various insurance products. The main body of the insurance market, the object of the insurance market and the carrier of the insurance market form an insurance market structure system. The three are interrelated and mutually restrict each other to maintain the stable operation and healthy development of the insurance industry. Purpose. Determination of methods and techniques of analysis used in the analysis of Chinese-Russian cooperation in the field of insurance. Methodology. The article used theoretical methods, practical methods, case analysis methods, statistical methods and comparative methods. Results: obtained the most informative parameters showing some aspects of the analysis of broad prospects for cooperation and development in the field of insurance between China and Russia. Practical implications. The results obtained are expediently applied by economic entities engaged in foreign economic activity, one of the elements of which is insurance markets.
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