Possitive momentum for Russia's insurance market, but threats remain

<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<title>Possitive momentum for Russia's insurance market, but threats remain</title>
</titleInfo>
<typeOfResource>text</typeOfResource>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">usa</placeTerm>
</place>
<issuance>monographic</issuance>
<place>
<placeTerm type="text">New Jersey</placeTerm>
</place>
<publisher>A.M. Best Company</publisher>
<dateIssued>2019</dateIssued>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
<extent>5 p.</extent>
</physicalDescription>
<abstract displayLabel="Summary">Development of the Russian insurance market has been tempered in recent years by geopolitical instability, economic stagnation, and the weak performance of the compulsory motor third-party liability (MTPL) segment. At the same time, more stringent oversight from the country's insurance regulator, the Central Bank of Russia (CBR), has led to a reduction in the number of market participants, as smaller (re)insurers have been unable to withstand the increase in regulatory scrutiny.</abstract>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080586294">
<topic>Mercado de seguros</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080629755">
<topic>Seguro de riesgos extraordinarios</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080600204">
<topic>Catástrofes naturales</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080580872">
<topic>Impacto económico</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080590567">
<topic>Empresas de seguros</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080605957">
<topic>Empresas de reaseguros</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080587260">
<topic>Ratios financieros</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080658861">
<geographic>Rusia</geographic>
</subject>
<classification authority="">219</classification>
<relatedItem type="series">
<titleInfo>
<title>Best's market segment report</title>
<partNumber>July 2, 2019</partNumber>
</titleInfo>
</relatedItem>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">180604</recordCreationDate>
<recordChangeDate encoding="iso8601">20190702103602.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20190020497</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">spa</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>