Development of the insurance services market in modern conditions in Russia

The formation of the national insurance market is a process that is fraught with difficulties related to the peculiarities of the internal and external order: the formation of almost “from scratch”, the lack of a culture of insurance among all market participants from all possible types of risks. These are new challenges that are emerging in the course of the formation of a new system of socio-economic relations, new standards of corporate social responsibility and government responsibility for the formation of the quality of the environmental environment. Insurance companies act as institutional investors, along with other large companies, and actively participate in large-scale investment projects. The specifics of the insurance business are directly related to taking into account the risks of following the principles of the “green economy”. The purpose of the study is to analyze the Russian insurance market and identify potential threats. To achieve the stated purpose of the research, such general and special methods of cognition (analysis of knowledge systems, formalization, visualization, induction and generalization) were used. The paper provides arguments in favor of a diverse option for the development of insurance, including environmental insurance. The importance of insurance development for all economic entities of the national economy is highlighted.