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Finance and Credit
 

External factors of development of the modern Russian insurance market

Vol. 20, Iss. 2, JANUARY 2014

Available online: 23 January 2014

Subject Heading: Insurance

JEL Classification: 

Chernova G.V. Doctor of Economics, Professor, the Department of Risk Management and Insurance, the St. Petersburg State University
chernovagalina@yandex.ru

Kalayda S.A. Candidate of Economic Sciences, Senior Lecturer of Risk Management and Insurance, the St. Petersburg State University
ora_s@list.ru

The article is devoted to questions of influence on the modern Russian insurance market of essential external factors - transition of the Russian insurers to the International Financial Reporting Standards (IFRS), entries of the Russian Federation into the WTO, creation since 2012 of a common economic space of Republic of Belarus, the Republic of Kazakhstan and the Russian Federation. The authors consider specific problems which need to be solved for taking note of these factors, including for preservation of a strategic role of the Russian insurance.

Keywords: external factors, Russian insurance market, International Financial Reporting Standards, WTO, common economic space

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

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