Now the market of insurance services dynamically develops, and insurers offer consumers all new and new Insurance categories. One of such kinds of insurance is insurance of financial risks.
Insurance
Now in connection with development of crediting, a securities market, currency market Forex, bank sphere, and also real sector of the market insurance of financial risks has had the new development, and demand for the given kind of insurance has essentially increased. However its development in new economic realities has generated set of the questions connected with its parity with other Insurance type, in particular, such as insurance of enterprise risk that is one of the basic questions considered in present article.
At once it is necessary to notice that the civil legislation at the moment does not allocate and especially does not regulate insurance of financial risks. Moreover, unequivocally it is not defined, what exactly enters into concept "financial risks". Experts also definitively do not resolve a question on, whether insurance of enterprise risks by a part of insurance of financial risks is or represents the isolated kind of insurance.
The nature of insurance of financial risks and insurance of enterprise risks specifies in some similarity of these Insurance type which consists that in both cases actual or expected financial losses are insured. Thus, from our point of view, an insurance subject in both cases same.
The greatest distinction between the specified Insurance modeat the moment, consists in various subject structure, and also in features of definition of the size of the insurance sum. The subject of insurance under the contract of insurance of enterprise risks the person (physical or legal), engaged in enterprise activity can be only. Thus the insurer and the purchaser by the given kind of insurance always should coincide in one person. At insurance of financial risks of similar restrictions by the law it is not imposed. As to the insurance sum it at insurance of enterprise risks should not exceed insurance cost.
It is necessary to pay attention to seeming similarity, at insurance of enterprise risks the losses caused by enterprise activity of the insurer whereas at insurance of financial risks the person can and not be engaged in enterprise activity are insured, having entrusted management of the capital to the third party because of which actions it has suffered losses or has not received the income. Thus, it insures not result of the activity, and only the investments.
