| Solodovnikova L.S.
World insurance market development tendencies in the context of globalization
ID number: J201818
Abstract: World insurance market formation background, it’s current condition and major development trends in view of the world financial markets globalization and integration are considered in the article. Nowadays, insurance markets intensity vector is being shifted to Asian countries because welfare of their citizens has been improving steadily. Appearance of new risks in field of finances and information, cybercrime forced re/insurance markets to launch new instruments and services. Due to economic and political instabilities in the world, which influence Russian companies, the role of insurance products and services for Russia is also relevant.
Key-words: financial markets globalization, world insurance market, insurance services, risk, cybercrime, reinsurance market, financial risks
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