Template-Type: ReDIF-Article 1.0
Author-Name: Yuri  A. Spletukhov
Author-Email: uspletuhov@nifi.ru
Author-Workplace-Name: Financial Research Institute, Moscow 127006, Russia; Financial University under the Government of the Russian Federation, Moscow 125993, Russia
Title: Insurance Markets of the EAEU Member States: Current Status and Efficiency
Abstract: The article analyzes the current status and level of development of the insurance markets of members countries  of  the  EAEU,  suggests  possible  ways  of  increasing  the  efficiency  of  the  insurance  market in  these  countries.  The  conclusion  is  made  about  significant  differences  at  the  level  of  insurance development  between  the  individual  states  of  the  EAEU,  as  well  as  differences  in  the  insurance legislation, government regulation and supervision, the structure of insurance types. According to the author, among the main tasks, that should be addressed to ensure the insurance development in the member states of the EAEU, are to increase the public  insurance culture, to organize the compulsory insurance system, to form state insurance activity regulation system that meets modern requirements, to  improve  the  functioning  of  the  insurance  market  infrastructure,  to  develop  the  mechanism  of reinsurance.
Classification-JEL: G22
Keywords: insurance, insurance market, EAEU member state, level of development, improving the efficiency
Journal: Finansovyj žhurnal — Financial Journal
Pages: 105-114
Issue: 2
Year: 2017
Month: April
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2017/2/statii_2/fm_2017_2_09.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:170209:p:105-114