TRENDS AND PROBLEMS IN THE CONTEMPORARY DEVELOPMENT OF THE INSURANCE MARKET OF RUSSIA

Abstract

The article reveals features and tendencies of development of the Russian insurance market, indicators of development of the insurance market of Russia are analyzed. In the article the question of the directions of efficiency of the insurance market functioning in the Russian Federation is raised, special attention is paid to institutional bases of the insurance market. The authors of the article formulate the main objectives on the development of insurance business in the Russian Federation at the present stage.

Keywords

• russian insurance market
• joint capital of domestic insurers
• insurance products
• instability in the financial markets
• profitability of business of insurance companies
• authorized capital