Reforming the Insurance Market in Russia

This book presents an in-depth historical and analytical review of the reform process in the Russian insurance sector. The report examines the state of the Russian insurance industry, analyses market dynamics and structure, and assesses the major reform initiatives that have occurred in the sector o...

Full description

Bibliographic Details
Corporate Author: Organisation for Economic Co-operation and Development
Format: eBook
Language:English
Published: Paris OECD Publishing 2005
Series:Policy Issues in Insurance
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
LEADER 01921nmm a2200265 u 4500
001 EB000321202
003 EBX01000000000000000158415
005 00000000000000.0
007 cr|||||||||||||||||||||
008 120214 ||| eng
020 |a 9789264011199 
245 0 0 |a Reforming the Insurance Market in Russia  |h Elektronische Ressource  |c Organisation for Economic Co-operation and Development 
246 2 1 |a La réforme du marché d'assurance en Russie 
260 |a Paris  |b OECD Publishing  |c 2005 
300 |a 177 p.  |c 16 x 23cm 
653 |a Finance and Investment 
653 |a Russian Federation 
710 2 |a Organisation for Economic Co-operation and Development 
041 0 7 |a eng  |2 ISO 639-2 
989 |b OECD  |a OECD Books and Papers 
490 0 |a Policy Issues in Insurance 
024 8 |a /10.1787/9789264011199-en 
856 4 0 |a oecd-ilibrary.org  |u https://doi.org/10.1787/9789264011199-en  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This book presents an in-depth historical and analytical review of the reform process in the Russian insurance sector. The report examines the state of the Russian insurance industry, analyses market dynamics and structure, and assesses the major reform initiatives that have occurred in the sector over the past years. Of crucial importance in the reform process was the revision of the organisational structure of the Russian insurance business, improvement of solvency and capitalization requirements for insurance companies, liberalization of the market, and enhancement of supervisory oversight with the establishment of the Federal Service for Insurance Supervision.   The report concludes with a series of policy recommendations for policymakers and insurance market players.  They are designed to further improve the legal and regulatory framework and to strengthen the insurance industry management structure, operational mechanisms and competitive capacity