Reference
The document has been drafted by the Finance Ministry as per instructions issued by Deputy Prime Minister Igor Shuvalov on 16 July 2012 and 20 August 2012.
The Strategy’s aim is to set forth insurance development priorities for the Russian Federation and achieve roadmap target figures characterising insurance penetration of the Russian economy, including the share of insurance premiums in the gross domestic product and the volume of insurance premiums per person.
The implementation of the resolution’s provisions will promote the comprehensive development of the insurance market, turning it into a strategically meaningful sector of the Russian economy, as well as ensuring the continuity of insurance development priorities implemented in the Russian Federation as reflected in the previously effective programme documents on the development of insurance in the Russian Federation.