GENERAL AND SPECIFIC APPROPRIATENESS OF DEVELOPMENT OF THE RUSSIAN INSURANCE MARKET
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Author(s): | Simonova I. V., |
| Number of journal: | 4(21) | Date: | November 2012 |
| Annotation: | The article has reviewed the currently urgent issues of the international integration of insurance markets. The possible positive and negative consequences of the integration process have been provided, which are the basis for determination and enumeration of the general and specific appropriateness of development of the world insurance market. The objective analysis of all factors significant for the insurance market development has allowed making conclusion regarding the necessity for the Russian insurance companies to adapt and to practically implement the listed world standards. The trends of development of the Russian insurance market have been defined. |
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| Keywords: | international integration, insurance market, national insurance market, appropriateness of development, concentration, investment, innovations, insurance services, institutionalization, competitiveness, globalization, multinational insurance companies |
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