Governance, Risk and Compliance – The Russian Insurance Industry

Date: 2015-09

“The report provides insights into the governance, risk and compliance framework pertaining to insurance industry in Russia including:

• An overview of insurance regulatory framework in Russia.

• The latest key changes and changes expected in the insurance regulatory framework in the country.

• Key regulations and market practices related to different types of insurance products in the country.

• Rules and regulations pertaining to key classes of compulsory insurance and the scope of non-admitted insurance in Russia.

• Key GRC parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency requirements, reserve requirements, and investment regulations.

• Details of tax system and legal system prevailing in the country.”

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