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....
The tax service notified that Vladimir Putin signed a federal law, according to which insurance companies were not required to list the name, IIN of clients in the receipt of an insurance claim, according to the Insurance Today website....
39% of families ready to pay for their own higher education and education of their children are going to get the necessary funds from savings. The Sberbank Life Insurance employees came to this conclusion after a survey conducted among residents of 3...
Low deposit rates are forcing the population of Russia to seek more favorable conditions for investing. The Russian market of trust management and collective investments in the 1st HY 2020 increased to 8.5 trillion rubles, writes Kommersant....
Insurers have summarized preliminary work results for the past three months. The insurance market has undergone significant changes experiencing pressure of two powerful factors, fear of Russians for their lives, as well as loss or decline in income,...
Dmitry Rudenko, the General Director and Board Chairman of Absolut Insurance, is confident that the crisis has changed the insurance market....