Features and development trends of personal insurance in the Russian Federation

This article discusses the features of the development of personal insurance in the Russian Federation. The main development trends are considered, the statistics of changes in demand for insurance services in this industry and data characterizing the dynamics of the life insurance market in Russia over the past years are presented. At the end of the article the analysis of demand for insurance services was given and the conclusion about prospects of development of this branch and ways of its development in the future was formed.