Wednesday, May 27, 2015

Deputy Chairman of the Central Bank: The Bank of Russia has no plans to “sweep” of the insurance market – Kommersant


                             
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The Bank of Russia is not going to organize “cleaning” the insurance market, said deputy chairman Vladimir Chistyuhin. A statement he made on the sidelines of the International Conference on Insurance.

«No” cleansing “there. This is the normal supervisory process. We keep it for a long time “, – the” RIA Novosti “words of Mr. Chistyuhin. He noted that the Central Bank’s actions in relation to “Rosgosstrakh” are more exceptions to the rule rather than the rule. “We are trying with insurance companies as on financial stability and on the market behavior of the normal market behavior, to negotiate within the framework of our internal review procedures. In most cases, it works, “- said Vladimir Chistyuhin.

On Tuesday, the Central Bank reported on the limitation of the license” Rosgosstrakh “in the implementation of insurance CTP. The Central Bank made the decision due to the failure to execute the instructions of the Bank of Russia in violation of the procedure for concluding agreements CTP. To correct violations regulator gives the company for six months. During this period, the situation in the regions of insurance can be complicated, say representatives of “Rosgosstrakh».

For more information about the limitation of the license “Rosgosstrakh” in terms of issuance of insurance policies, read material “b” “CB gave” Rosgosstrakh “six months to correct violations of insurance».

 
 
 
 
 
 
 
 
 
 
 
 
 
 

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