Abstract
The article provides a comprehensive analysis of the concept of creating a common insurance market of the EAEU n and the prospects for its implementation. The reasons for slowing down this integration process are explored, including significant differences in the approaches of the member states to regulating national insurance markets. Special attention is paid to discrepancies in the legislatively established requirements for the minimum authorized capital of insurers, which vary more than 5 times depending on jurisdiction. Authors identify the key negative effects of such fragmentation of regulation on deepening Eurasian economic integration. Basing on comparative legal and statistical analysis, as well as methods of economic and mathematical modeling, options for harmonizing the regulations under consideration are proposed in order to bring together the EAEU countries’ approaches and shape a common competitive insurance market.
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More From: Vestnik BIST (Bashkir Institute of Social Technologies)
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