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GAAP.RUNewsRussian insurers to be controlled tougher

Russian insurers to be controlled tougher

Publication date: 18 June 2010

This week Russia’ government introduced amendments to the law on insurance business in Russia. If approved by the State Duma, they will increase capital requirements, so that insurers will more thoroughly look after their financial condition.

This week Russia’ government introduced amendments to the law on insurance business in Russia: if approved by the State Duma, they will increase capital requirements, so that insurers will more thoroughly look after their financial condition.