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The Global Economy and the Insurance Market of the Russian Federation as an Object State Regulation
[Глобальная Экономика И Страховой Рынок Российской Федерации Как Объект Государственного Регулирования]

Author

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  • Korishchenko, Konstantin (Корищенко, Константин)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Shokin, Viktor (Шокин, Виктор)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Irmatova, Elnura (Ирматова, Эльнура)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Mikhailova, Nadezhda (Михайлова, Надежда)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

Abstract

State regulation of insurance in one form or another is realized in all countries of the world. Existing models are universal in terms of key parameters and at the same time differ in the details inherent in national regulatory systems. By now, economically developed countries have accumulated rich experience in state regulation of insurance market. In order to effectively develop the insurance market of the Russian Federation, it is efficient to consider the foreign experience of state regulation and to analyze the instruments used for the protection and development of the insurance market. For the purposes of this study, it is advisable to consider only some the principles of regulation, namely approaches to key aspects of state regulation related to admission to the market of foreign participants of the insurance market in relation to a single state, and the control for participants' operational, financial and Investment activity by the state insurance regulator.

Suggested Citation

  • Korishchenko, Konstantin (Корищенко, Константин) & Shokin, Viktor (Шокин, Виктор) & Irmatova, Elnura (Ирматова, Эльнура) & Mikhailova, Nadezhda (Михайлова, Надежда), 2017. "The Global Economy and the Insurance Market of the Russian Federation as an Object State Regulation [Глобальная Экономика И Страховой Рынок Российской Федерации Как Объект Государственного Регулиро," Working Papers 051702, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:wpaper:051702
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