The role of the insurance market in the system of socio-economic relations of the Russian Federation

A. I. Yusupov ()

Entrepreneur’s Guide, issue 26

Abstract: The article examines the role of the insurance market as a crucial element of the modern economy. Insurance along with other market instruments ensures the stability of economic development and acts as a stimulator of economic growth, accumulating savings in the form of insurance premiums and translating them into investments, thereby increasing the efficiency of the entire financial system of the country.

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