ESTIMATION OF THE DEVELOPMENT AND EFFICIENCY OF THE INSURANCE MARKET FUNCTIONING IN THE RUSSIAN FEDERATION
The trends in the development of the insurance market of the Russian Federation on the basis of statistical data reflecting the results of insurance activities are considered in the article. The dynamics of the total volume of insurance premiums and insurance payments, as well as the change in the share of each type of insurance for the period 2012-2017. I was analyzed in the course of the research. It is revealed that the level of payments is determined by the specifics of a particular type of insurance, so the absolute value of this indicator is not an objective assessment of the effectiveness of insurance activities.