Tortious risk in the system of insurance relations in the Russian Federation

Khabarovsk State University of Economics and Law, 134, Tikhookeanskaya Str., office 324, Khabarovsk, Russia, 680042

^* Corresponding author: tishutina.olga@yandex.ru

Abstract

The paper deals with the problem of the realisation of tort risks in the system of insurance relations. At the same time, the object of consideration is a part of the tort risk of the underwriter, which is a consequence of the implementation of unfair economic and insurance practises. The purpose of the conducted research is to prove the necessity of managing tort risk in insurance to achieve the balance of economic (insurance) relations system between the insurant and the underwriter, which stipulates the performance of the risk and compensation insurance function. To achieve the purpose of the study, two key methods of scientific research are used, namely the method of analysis, which is used to study the impact of tort risk on the system of insurance relations, and the method of synthesis, which will assess key problems of managing its manifestations. The study has resulted in the substantiation of the need to accept tort risk as a risk that is an integral part of the risk management system of the insurance organisation; development of basic proposals in the direction of improving the current tort risk management system, both at the stage of its identification and at the stage of settlement of losses (the stage of realisation of the economic nature of tort risk in insurance). The study conducted has established the fact that the management of tort risk in insurance harmonizes the system of insurance relations, ensuring the implementation of the key principle of equivalence of obligations of the parties, making it possible to achieve a balanced insurance fund. Thus, the integration of tort risk into the general risk management system of the insurance organization allows us to increase both the profitability of insurance operations and the attractiveness of a non-material insurance product for the insured.