The Ministry of Finance of the Russian Federation has developed a draft law that provides for the introduction of a new type of insurance with an investment component in the Russian insurance market, shared life insurance (SLI). The corresponding doc...
Insurers plan to reduce the level of guaranteed return on life insurance policies following an unscheduled reduction in the key rate of the Central Bank (CB) to 11% and reduction in interest on bank deposits, Izvestia learned....
On International Children's Day, CAPITAL LIFE insurance company conducted a nationwide study on how residents of various regions of Russia used endowment life insurance programs to ensure a decent future for their children. These data were obtained o...
Nikolay Zhuravlev, Deputy Chairman of the Federation Council, and Anatoly Aksakov, head of the Duma Committee on the Financial Market, proposed to improve the procedure for identifying customers under the law on combating money laundering and financi...
The design of ILI of most Russian insurers included the participation of foreign partners. The settlements with them are impeded now, but insurers must have a sufficient margin of solvency to fully fulfill their obligations to policyholders, the ASN ...
Russian experts analyzed Yandex requests for 2021 to learn about unusual insurance interests, writes ASN....
The Bank of Russia has amended the standards for voluntary life insurance. For example, soon the insurance contract will become effective just after the first installment payment is made. There will be no more temporary deductibles when the insurance...
The Bank of Russia has prepared a draft law that applies rules on investor qualifications to the insurance product market, RBC reports....
The Bank of Russia has developed amendments to the legislation that will allow non-banking financial organizations (insurance, brokerage and microfinance companies) to provide payment services, ASN informs....
The Russian insurance market has surpassed the numbers the Covid 2020 and pre-Covid 2019 in the first half of 2021. The material in Izvestia covers the issue of life insurance development in Russia....
They want to transform the “frozen” funded component of mandatory pension insurance (MPI) into a voluntary standardized scheme (NGO) in Russia. According to Kommersant, since the introduction of moratorium on formation of the funded part of pensi...
The Ministry of Finance of the Russian Federation will rearrange the terms of the future “equity life insurance”, Unit linked. The insurance companies will need a separate license to offer a new product. In addition, a special regulation will be ...
The demand for life and health insurance in Russia has grown against the backdrop of an increase in loans to individuals, in particular mortgages, TASS reports with reference to the Central Bank of the Russian Federation....
The number of retail investors in Russia may double and reach 28-30 million people in the next five years, Vladimir Krekoten, the General Director of Ingosstrakh-Investments Management Company, announced this estimate to PRIME....
The head of the banking committee of the State Duma Anatoly Aksakov and a number of senators submitted to the deputies a package of bills that amended the Civil Code depriving personal insurance agreements of public status, and adjusted the basic pro...
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....
