In 2009, received insurance premiums in Russia decreased by 7,4 percent. - Weather

In 2009, received insurance premiums will decrease by 7.4 percent. Such forecasts are expressed in his study of analysts rating agency "Expert RA". According to forecasts, Expert RA, the volume of the Russian insurance market in 2009 will amount to 520 billion rubles. The largest contribution to the fall of the insurance market will bring: insurance hull (-44 billion), property insurance of legal entities from fire and other risks (-12 billion), LCA (-7 billion) and insurance by the National Assembly and disease (6 billion rubles). The growth of premiums in 2009 is expected to insure SMR and financial risks associated with Olympic construction, as well as in those kinds of insurance where one party is the state (agricultural insurance, space insurance, liability insurance for government contracts). "By 2010, the insurance market will be only 400-450 of insurance groups and companies - said the deputy general director of rating agency" Expert RA "Paul Samiev. - According to our estimates, in 2009, will a series of bankruptcies of Russian insurers. The main risks of insurance companies 2009 will be underdeveloped insurance reserves (as a result of dumping, errors in actuarial estimates), the sharp rise OSAGO loss, impairment of assets taken to cover insurance reserves (equity instruments, deposits and cash in troubled banks, the growth delay of receivables). By According to the rating agency, is currently at risk are the company: to actively increase its insurance portfolio due to dumping. specializing in auto insurance, oriented in its activities to the bank sales channel. actively invested reserves in the stock market instruments, concentrating them in one or several banks (except the backbone).