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Finance and Credit

37(373) - 2009 October

The Tendency of Integration Development on the Insurance Market Service

Vol. 15, Iss. 37, OCTOBER 2009

Available online: 11 November 2009

Subject Heading: Insurance

JEL Classification:

Kamalian A.K. doctor of economic sciences, professor, head of the department of taxation and law, Voronezh state agricultural university named after K.D. Glinka
art@vsau.ru

Parahin J.N. candidate of economical science, the senior lecturer of the chair of investments and financial management Oryol State Agrarian University ;

Changes in world economy taking place nowadays excite considerable changes in its different branches. The world insurance market is not an exception. Active globalization and integration processes are the common tendency of the development of its market. At the same time the position of Russian insurance market becomes more significant. In these conditions there is an actual problem of conservation of positive tendencies of its development including the foundation of favorable climate for attracting of foreign capital in the insurance sector of economy.

Keywords: Integration, globalization, insurance business, status and tendencies of development of world and home insurance market, insurance intensity, insurance density

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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