Russia's central bank urges life insurers to tailor contracts for SVO participants

The Bank of Russia issued a recommendation for life insurers to handle contracts involving special military operation (SVO) participants on an individual basis, signaling regulatory attention to the financial treatment of military personnel. The move is a soft regulatory nudge rather than a binding rule, and its practical impact on insurers' operations remains unclear. It reflects the state's ongoing effort to support SVO participants through financial-sector measures.