Date: 4 months ago   Category: Finance

Kudrin expressed the need to develop the new development strategy of the insurance industry — Rambler News Service


Photo: News/Grigory Sysoyev the Head of the Audit Chamber Alexey Kudrin following the results of the analysis of implementation of the plan of measures on implementation of the Strategy of development of insurance activity in the Russian Federation till 2020 expressed RIA the need to develop new strategy. According to the head of department, the strategy accepted in 2013 does not correspond to modern realities any more and cannot solve the available problems in the field of insurance. "Therefore it is necessary, without waiting 2020, to start development of new strategy taking into account all changes. We will include it in our recommendations to the government" — the press service of Audit Chamber cites words of Kudrin. By results of the analysis a number of factors which slow down development of the insurance market of Russia was revealed: the shortage of the insurance products meeting real customer needs; insufficient appeal of these products to the consumer; low level of insurance payments; low financial literacy of the population and not priority for citizens of expenses on insurance and others. Shortcomings of strategic planning also have a negative impact on insurance development. Besides, the lack of the quantitative analysis of the revealed problems became one more serious lack of the document that does not allow to define whether the provided measures are sufficient for achievement of goals.

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