Problems and prospective lines of development of the liability insurance system

Abstract

In connection with instable political and economic situation in the world economics, the mechanism of liability insurance of the subjects of financial relations of the Russian economy. The liability insurance market is one of the most prospective sectors of economic development of the country by virtue of its orientation to general legal principle of equity requiring correspondence between the actions and their social consequences. Thus, liability insurance indemnifies the aggrieved party against injury for material stability. To achieve the objective of the research, it is necessary: to consider the essence of liability insurance on the Russian financial market; analyze the market of liability insurance; to identify the problems in this segment and outline the ways of their solution. In the research, it has been analyzed the Russian insurance market and the market of liability insurance by means of comparative and analytical methods. It has been presented the results of a poll conducted among the population of the town of Stavropol regarding liability insurance. It has been substantiated, the trends of improvement of liability insurance in the bank insurance sector. Forming the state insurance organization and implementation of the program of liability insurance for non-discharge or discharge of obligations under the contract of rendering insurance services will allow "to straighten up" on the market of liability insurance to instill confidence in population for instruments of bank insurance policy which the country's development of economy will benefit from