NPK sanctions assessed risks at 5 billion rubles – News Economy

Print National Reinsurance Company (SPC), established by the Bank of Russia, assessed the need for funding for the protection of the sanctions risks at least 5 billion rubles. The rating is made on the basis of 2015 g.

CPP takes 30% market share, or 40 billion rubles. reinsurance, said deputy chairman Vladimir Chistyuhin in the program “The course of the day”.

This is primarily military-industrial complex of Russia.

“But it’s not just the military-industrial complex, we still have and natural and legal persons, who have come under targeted sanctions of the US and the European Union “, – said the head of SPC Nicholas Galushin on Wednesday, adding that every year may be modified

Paid-up capital of the National reinsurance company -. at 21.3 billion rubles. when claimed at 71 billion rubles.

Therefore, large-scale projects is not yet possible to insure the fullest.

For example, full insurance of construction risks atomic icebreaker is estimated at 50 billion rubles., But “the risks insured by 5 billion rubles.”. “Creating CPP may provide an additional 5 billion rubles of additional reinsurance protection facility is fully insured, but its insurance and reinsurance protection will expand twice..”, – Said Galushin (quoted “Interfax”)

In this CPP. can also get to the list of sanctions.

“The map of risks CDD there is a risk that the company may fall under the international sanctions regime. But the company is a Russian legal entity, working on risk-taking in the reinsurance of the Russian market, and even sanctions regime on its activities would not affect “, – assured the head of the company (quote” TASS “)

The state registration of NPK was held in August, the license for reinsurance is expected in October 2016

<.. p> The government plans to oblige commercial insurance companies to transfer 10% of reinsurance treaties in the CPP

Industry reinsurance “daughter” of the Central Bank -. occupancy risk sanctions clients reinsurance obligations under government contracts, retention risk insurance citizens property by natural disasters and emergencies and other complicated risks placed.