Wednesday, June 1, 2011

Kudrin: the issue of increasing the capitalization of the insurance market in Russia is not worth

Question improve the capitalization of the insurance market is not worth it, because this segment has suffered less from the financial crisis. This was stated by Alexei Kudrin, Deputy Prime Minister and Finance Minister, introducing the new head of the Federal Service for Insurance Supervision of Alexander Koval collective agency. "While perhaps not the problem began before the insurance companies", - Kudrin said. However, due to the fact that the overall situation in the financial market is not very stable, the financial stability of insurance companies requires serious attention. "I hope we will be able to respond," - noted the Minister. According to him, "can be as long as the issue of capitalization of the insurance market did not rise." "While there are problems with individual companies, and they handle themselves," - said Kudrin. Meanwhile, the finance minister added, where necessary, the state will take appropriate action. In particular, the State intends to withdraw the insurance company Rosgosstrakh from the list of strategic and thus the share of Russia in the future the company will decline. Noting the challenges faced by the Insurance Supervision Service, the finance minister said that this struggle with gray schemes in the insurance market, with the dumping of individual companies, as well as wrestling with the companies that leave the market without fulfilling their obligations to clients, ie, "in English." Among the problems faced by insurers, Kudrin named, in particular, excessive administrative barriers in the market. Portal Bank.ru Materials Rihanna.

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