Analysis of changing industrial insurance markets of the Russian Federation in the period of the economic crisis

The Russian insurance market is undergoing a serious crisis test. The rate of growth is decreasing, loss-making is increasing, insurers are under pressure from other branches of the financial market. Adding uncertainty is also a difficult economic situation, and sanctions imposed on the country. So, at the turn of 2014-2015. the Russian insurance market experienced the same difficulties as the economy as a whole: against the backdrop of stagnation, a fall in the ruble's exchange rate and a decrease in the solvency of demand to reduce the basic opportunities for insurance companies.