Kazan (Volga region) Federal University, KFU
KAZAN
FEDERAL UNIVERSITY
 
THE ROLE OF THE REINSURANCE SYSTEM IN ENSURING STABILITY OF THE INSURANCE MARKET OF RUSSIA UNDER ECONOMIC SANCTIONS
Form of presentationArticles in international journals and collections
Year of publication2019
Языканглийский
  • Mustafina Alfiya Anasovna, author
  • Nasyrova Venera Ildusovna, author
  • Pyrkova Guzel Kharisovna, author
  • Aleksandrova Kseniya Aleksandrovna, author
  • Bibliographic description in the original language Gulnara N. Kaigorodova, Alfiya A. Mustafina, Guzel Kh. Pyrkova, Venera I. Nasyrova, Ksenia A. Syvorotkina THE ROLE OF THE REINSURANCE SYSTEM IN ENSURING STABILITY OF THE INSURANCE MARKET OF RUSSIA UNDER ECONOMIC SANCTIONS // IIOABJ.-2019.-Vol.10. - S3. - P.61-66
    Annotation The macroeconomic conditions of Russian insurance market functioning under Western economic sanctions predetermine the appearance of a number of problems. Not the least of which is the growing number of unprofitable insurance companies, as well as the revocation of licenses of a number of insurers. One of the factors is the reduction of volume of risk transfer to reinsurance. Insufficient capacity of the domestic reinsurance market, high level of a number of risks transferred in insurance are the problem that have a rather long history. The present article is concerned with the search for the ways that allow reinsurance to fulfill its role in respect of ensuring the stability of the insurance market. We have analyzed a number of indicators in dynamics. The correlation analysis showed a high correlation between premiums transferred in reinsurance and the total authorized capital of the reinsurance company. During the crisis, to maintain the stability of the insurance market the involvement of the state in the face of a national reinsurer is advisable.
    Keywords reinsurance, economic sanctions, financial stability, state reinsurer, insurance premiums.
    The name of the journal IIOAB JOURNAL
    URL https://www.iioab.org/IIOABJ_10.S3_61-66.pdf
    Please use this ID to quote from or refer to the card https://repository.kpfu.ru/eng/?p_id=213183&p_lang=2

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