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More than 1 million valid contracts MTPL are in risk group
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More than 1 million valid contracts MTPL are in risk group
The insurance industry motor insurance may lose many players due to the failure of the share capital from January 1, 2012 is expected to grow fourfold and reach 120 million rubles In the Russian Union of motor insurers (RAMI) fear that not all insolvent players voluntarily leave the market, and not without reason, expect fraud. It is estimated that at risk - more than 1 million active contracts CTP. Today the share capital, which shall be not less than 120 million rubles for the insurers involved in the CTP, failed to increase 36 companies (19 in CFA, 17 in the regions). This is 31% of the members of the Union, and the Association is part 114 insurers, said the President of the PCA Pavel Bunin. Some of these companies are able to create a situation where the RBA will have to pay with their clients. In addition, there is a risk that the company, which will leave the market, will not return forms policies. The problem is complicated by the fact that it is still not completely restored the law on bankruptcy of insurers. Own authority PCA to monitor the situation and decision-making is not enough - the Union can only be suspected of insurer insolvency. To prevent abuse, the RBA has involved the Federal financial monitoring service, the interior Ministry, the Federal service for financial markets (FSFM) and the Central Bank. Having a good enough justification for suspicion, the RBA will be able to ask for help to law enforcement. Most experts agree that in March, when the Ministry of Finance will increase the compensation Fund and payment limits on compulsory insurance, the insurance motor insurance can drastically increase in price.
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