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Features of Supervision in the Insurance Market

https://doi.org/10.17803/1994-1471.2019.107.10.047-055

Abstract

The article is devoted to the analysis of financial and legal aspects of insurance supervision. It has been determined that with the development of insurance the extent of state regulation, including supervision of insurance activity, has increased. The paper analyzes prudential insurance supervision and the development of the risk-oriented model of supervision over the largest insurance organizations. According to the results of the research, the author concludes that insurance supervision is an integral part of the effective development of the national insurance market. Insurance supervision is carried out at all stages of activity of the insurance business participants to comply with the statutory requirements concerning insurance and to support effective development of insurance services.

About the Author

L. M. Fayzrakhmanova
Kazan (Volga) Federal University
Russian Federation

Leysan M. Fayzrakhmanova, Cand. Sci. (Law), Associate Professor, Department of Constitutional and Administrative Law of the Faculty of Law

18 Kremlevskaya, Kazan, Tatarstan, 420008



References

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Review

For citations:


Fayzrakhmanova L.M. Features of Supervision in the Insurance Market. Actual Problems of Russian Law. 2019;(10):47-55. (In Russ.) https://doi.org/10.17803/1994-1471.2019.107.10.047-055

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ISSN 1994-1471 (Print)
ISSN 2782-1862 (Online)