Template-Type: ReDIF-Article 1.0
Author-Name: Inna N. Rycova
Author-Email: rycova@yandex.ru
Author-Workplace-Name: Financial Research Institute, Moscow, Russia
Author-Name: Makar I. Kudelich
Author-Email: kudelich@ya.ru
Author-Workplace-Name: Financial Research Institute, Moscow, Russia
Author-Name: Alexander M. Shaikin
Author-Email: ashaikin@nifi.ru
Author-Workplace-Name: Financial Research Institute, Moscow, Russia
Title: Analysis of Foreign Insurers Subsidiaries Commercial Presence Conditions under the Terms of Russia’s WTO Accession
Abstract: The article is focused on the analysis and systematization of the rights, obligations and commitment restrictions, which were accepted upon the Russian Federation accession to the World Trade Organization along with the admission of direct branches of foreign insurers. Aspects of national insurance industry protection and the dynamics of foreign investors interest in registered capital of Russian insurance companies are described as well. The authors propose the main approaches and key areas of necessary national legislation changes in connection with the Russian Federation WTO commitments for the commercial presence of foreign insurance companies’ branches in Russia.
Classification-JEL:  F13, G22
Keywords: the Russian insurance market, insurance market participants, World Trade Organization, foreign insurers
Journal: Finansovyj žhurnal — Financial Journal
Pages: 18-29
Issue: 4
Year: 2016
Month: August
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2016/4/statyi_4/fm_2016_4_02.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:160402:p:18-29