The authorized capital of insurance company HMLA will be increased by 7 times

Subsidiary insurance company of the Agency for Housing Mortgage Lending (NC HMLA) plans to increase its share capital in 2015 from the current 1.5 billion to 10.5 billion rubles. This was stated today President Leonid Vekshin insurer to the media. Recall that the goal of this insurance company - to develop a new one for the Russian insurance market segment of the mortgage insurance "plans to increase the authorized capital is. Prior to 2015, depending on the size of the company capital will be increased based on the amount of risks taken and the company's own funds, - said Vekshin. "Funds will be made HMLA and new shareholders, which will attract" - he added. Currently, the authorized capital is 1.5 billion rubles. The main shareholder - HMLA. Minority, that is small, not controlling stake owned by the Association of Russian Banks (ARB) and National Insurance Guild. "Within two to three years, the company is expected to reach financial soundness indicators. Within five years, HMLA may withdraw from the capital of an insurance company, sold his share", - said Vekshin. "The general policy is to allocate HMLA market units and their subsequent privatization," - he stressed. The Supervisory Board HMLA 29 December 2009 decided to establish the "Insurance Company AIZHK with an authorized capital of $ 1.5 billion. In April, HMLA sent a petition to Rosstrakhnadzor to obtain the appropriate licenses. But the creation of this "daughter" and the size of its share capital became the reasons decisive action by the deputies. The State Duma Committee on Financial Markets in February, requested information on the feasibility of establishing the UK's leadership HMLA HMLA. In late April, the State Duma adopted an appeal to the head of the Russian government with a request to eliminate the UK HMLA. Addressing the State Duma has expressed concern about the creation of HMLA subsidiary insurance company, which is designed exclusively for reinsurance activities in the area of ??mortgage lending. According to them, because in Russia there is no direct mortgage insurance, the creation of the UK HMLA economically unfeasible. The MPs suggested that the Russian government as the sole shareholder HMLA decide on liquidation of the insurer. According Vekshina, currently the government has prepared a response to this request, and soon it will be forwarded to the State Duma.