Instructions have been issued to the Government of the Russian Federation concerning state policy on insurance.
The instructions stipulate introducing amendments to insurance legislation of the Russian Federation and drafting a set of measures aimed at promoting voluntary life, health and property insurance among the population, increasing trust in insurance companies and insurance as an instrument for protection against various risks and increasing protection of the rights and interests of the insured.
Government and the Presidential Executive Office have received instructions to submit proposals on improving legislation on fire insurance.
The Government and the Presidential Council for Codification and Enhancement of Civil Legislation have been ordered to analyse the need to improve the legal framework for insurance, including the need to introduce amendments to the Civil Code.