As part of the survey conducted in March among Russians by the Rabota.ru service, 30% of respondents save money for the future, despite the fact that earlier about 64% of respondents have announced their intention to save money in 2021, writes RBC....
The life insurance market is not at its best. The fact is that over the past 5 years, investment life insurance (ILI) has been a driver of the insurance market. This is a product with a single premium; a client buys a policy for a period of 3 to 7 ye...
The life insurance market coped with the challenges of the pandemic demonstrating growth at the end of 2020. The market leader strengthens its role with saving products, which usually become part of the diversified portfolio of private investors, wri...
AlfaStrakhovanie-Zhizn has launched a unique investment life insurance (ILI) program “Portfolio Investments”. Within the policy framework, clients can form a portfolio from various strategies, manage its content, as well as replenish and withdraw...
The voluntary life insurance market will get under increased regulation: the Bank of Russia has decided to change the rules for the sale of complex insurance products in order to protect the interests of consumers, writes Forinshurer....
The Pension Fund of Russia (PFR), the Social Insurance Fund of the Russian Federation (SIF) and the Compulsory Medical Insurance Fund (CMIF) may be merged as part of a large-scale reform....
It may be allowed in Russia to place the maternity capital in endowment, special banking or brokerage products, such as deposits in state banks, bonds secured by state guarantees, or bonds issued by state companies or state banks. This idea was discu...
The Bank of Russia is going to tighten requirements to life insurance policies, and first of all investment ones, according to the Insurance Today portal. The regulator proposes several significant amendments....
The Bank of Russia developed a draft instruction on standard requirements for the conditions and procedures for voluntary life insurance with the participation of the insured in the investment income of the insurer, reports GARANT.RU. This initiative...
Thanks to the increased interest of people in investment the life insurance market in 2021 will move from stagnation to growth, writes TASS....
For the third quarter of 2020, Russians have bought insurance for 396.8 billion rubles, which is 9.6% more than in the same period in 2019, Prime writes....
The largest share (58%) of those who really and regularly support the older generation among Russians is aged 41-50. Such data are presented in the study conducted among respondents aged 18 to 50 years in 37 cities of Russia, the newspaper Izvestia w...
The funded pension can be completely canceled in the next three years, said the first deputy chairman of the Central Bank Sergei Shvetsov. The discussion on unfreezing of this part of the pension system is not even being held now, writes the Ridusom ...
In the medium term, the Central Bank of Russia intends to combine the licenses of pension savings funds (PSF) and insurers. This follows from the advisory report by the Central Bank of the Russian Federation “Improving admission to the financial ma...
Currently, there are several trends in the long-term life insurance segment that are changing its appearance. Guaranteed rates are dropping, while insurance terms are growing. The emerging trend towards increase in share of contracts with payment of ...
The chatbot in the SberBank online mobile application has become even smarter; it now answers questions on the programs of investment and endowment life insurance (ULI and ILI) of Sberbank Life Insurance, and, if necessary, connects with operator, th...
According to the results of nine months, the volume of the Russian life insurance market grew by 4% compared to the same period last year and amounted to 320 billion rubles. The President of the All-Russian Union of Insurers (ARIA) Igor Yurgens annou...
According to the survey, the key factor when choosing a savings instrument is a guaranteed income....
Despite the pandemic, more than half of Russians decided not to cut insurance costs compared to last year. The customer preference analysis results for 9 months of 2020 and public opinion poll conducted by AlfaStrakhovanie show that people's interest...
Due to the completion of three-year investment life insurance (ILI) contracts, the total payments of insurers have spiked by 59% (up to 90 billion rubles) in the 1st HY 2020, writes the Insurance News Agency....
