The study of scientific articles are economic relations arising in the process of organization of insurance relations in the national economic system. The purpose of a scientific article is an empirical analysis in the field of Russian insurance market, in part determine the main direction of development in modern conditions. Justifying the target concept of development of the Russian insurance market, in modern macroeconomic conditions of the insurance companies is becoming increasingly difficult to maintain profitability and ensure financial stability. Maintaining profitability and optimization of sales channels is a priority for insurers. In modern conditions the reduction in the number of subjects of insurance business with a simultaneous increase of insurance premiums collected and ongoing payments under insurance contracts, means of concentration of the insurance market. The reason is the reduction in the rate of growth, the worsening economic situation, the decline in the profitability of the insurance market. In the framework of the empirical analysis, in the context of competitiveness are determined by the TOP 5 leaders of the insurance market. On the functioning of the insurance market is affected by the change in the level of consumer activity in related industries, such as reduced demand for new cars. Insurance funds generated from insurance premiums and is the basis for execution by the insurer of its obligations under the insurance protection, should increase in proportion to accept risks in order to ensure the financial stability of the insurance company. The scope of the results of the study are the cash flows of insurance companies.
|Título traduzido da contribuição||THE INSURANCE MARKET IN RUSSIA: THE CURRENT DEVELOPMENT CHALLENGES|
|Número de páginas||6|
|Número de emissão||3-0|
|Estado da publicação||Published - 2015|
Level of Research Output
- VAK List