Significant growth is marked by life insurance in Russia, ahead of car insurance

Publish date 29 September 2017
Significant growth is marked by life insurance in Russia, ahead of car insurance image

One of the recommendations that the World Bank has made to the FSC is for the financial regulator to carry out on-site inspections to determine the premiums and discounts offered in non-life insurance. The International Financial Institution wants the FSC to assess the risk in the pricing of Civil Liability Insurance and Auto Casco Insurance. The World Bank has asked the Financial Supervision Commission to ensure its independence from the government.