Price CTP Could Increase By 68%

Rates for insurance may rise by more than half. By pushing growth in the number of insurance claims, increased cost of spare parts and repairs, as well as the fact that the cost of insurance policy has not changed in seven years.

"The loss ratio for the insurance with the mutual insurance companies exceeds 70% and approaches the critical level," - said on August 31 President of the Russian Union of Auto Insurers' (SAR) Pavel Bunin at the conference "MTPL and CASCO: the situation is close to critical", held in the RIA " News. "

The struggle for survival of the insurance market traditionally begins with the tariff increase. "To ensure the stability of the system is necessary to increase the insurance rates for 35-45%", - said Bunin. In addition, due to the entry into force on September 1, the new rules establish the cost of materials and spare parts for the repair of cars, requires a further increase of 23%. Total rise in price of insurance policy can make 58-68%.
One reason for the increase was the cost of the bill the Ministry of Finance about the growth of insurance payments. Now the document is seen in the government, and in the autumn must go to the State Duma. According to him, the sum insured for the life and health is expected to grow from 160 thousand. Rubles to 500 thousand. Rubles for each victim. Payments for property must grow from 120 thousand. 200 thousand. Rubles

It is not excluded and a further increase in insurance premiums for the life and health of up to two million rubles, as it has already been introduced in air transport. In this case, the cost of insurance policy will grow several times.

To ensure that the insurance company is working in good faith, and not just in high tariffs, Bunin promises not to weaken attention to the complaints of car owners. According to him, already noted that two months after the insurance company's problems, there is a sharp increase in the number of complaints on the company website at PCA. In such cases, "the results of inspection shall be appointed by substantial financial penalties, which the company pays into the fund SAR", assures Bunin. This fund is used for compensation of insurance in case of bankruptcy of the insurance company.

"Insurers need to organize and unify their activities", - said the head of the Russian Union of Auto Insurers Andrei Kigim. According to him, in addition to a unified scheme of contributions in the event of withdrawal from the market, it is necessary to develop and a single form of insurance contracts. As an example Kigim drew an analogy with the banking system, where the plastic card of any bank can withdraw money from an ATM in most countries of the world.

Drinking as a significant increase in tariffs motorists ambiguous. Reluctance to pay sky-high amount of balance the need stable insurance market. A wave of bankruptcies can not but cause concern despite the compensation guaranteed by the amendments to the law on bankruptcy.

"We need a compromise between the insurance and automotive community" - said GZT.RU leader of motorists "Freedom of Choice" Vyacheslav Lysakov. Increasing the value of the policy, in his view, it should be subject to three factors: we are talking about increasing the amount of insurance payments, improving the quality of service, as well as to reduce the timing of payments (a few days, a week maximum). Well, then, how much corresponds to almost 70% increase in the needs of insurance companies, to be assessed to the Ministry of Finance and the Federal Service for Insurance Supervision.

Lisakov said that currently 77% of the cost of the policy is for insurance payments. Another 20% is in the insurance company to ensure its existence. The remaining 3% are deducted to the reserve fund RSA intended to pay for the debts of bankrupt companies. "I believe that 3% is not enough to preserve the stability of reserve funds - said Vyacheslav Lysakov.- These contributions must grow."

This view is confirmed by the statistics of SAR. As reported in a press conference Pavel Bunin, compensatory payments for the year 2009 turned out to be three times more than all payments for previous years. And the outlook for 2010 and exceeds this amount.

Strengthening the financial base of insurers may indeed have a positive impact on the insurance market as a whole. However, "to improve the efficiency of the insurance market more appropriately by other measures," - said the expert evaluation department "2K Audit- Business Consulting» / Morison International Peter Klyuyev. For comparison, the cost of insurance in some European countries than in Russia, but also compensation for the policy considerably more, whereas in Russia the insurance does not always cover the damage. This compulsory car insurance abroad is not considered a burden on insurers.

"To fight is necessary to accidents on Russian roads: less emergency smaller payments - sure ekspert.- higher level of competition in the insurance market- better service. Fight with emergency need, above all, increasing the quality of the roads and improving the culture of driving without the participation of the state is hardly possible. "