Analysis of Foreign Insurers Subsidiaries Commercial Presence Conditions under the Terms of Russia’s WTO Accession

Inna N. Rycova (), Makar Kudelich and Alexander M. Shaikin ()
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Inna N. Rycova: Financial Research Institute, Moscow, Russia
Alexander M. Shaikin: Financial Research Institute, Moscow, Russia

Finansovyj žhurnal — Financial Journal, 2016, issue 4, 18-29

Abstract: The article is focused on the analysis and systematization of the rights, obligations and commitment restrictions, which were accepted upon the Russian Federation accession to the World Trade Organization along with the admission of direct branches of foreign insurers. Aspects of national insurance industry protection and the dynamics of foreign investors interest in registered capital of Russian insurance companies are described as well. The authors propose the main approaches and key areas of necessary national legislation changes in connection with the Russian Federation WTO commitments for the commercial presence of foreign insurance companies’ branches in Russia.

Keywords: the Russian insurance market; insurance market participants; World Trade Organization; foreign insurers (search for similar items in EconPapers)
JEL-codes: F13 G22 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:160402:p:18-29

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