You can not revoke the license immediately - the Union of Insurers

All-Russian Insurance Association (ARIA) against the imposition of rules that will not revoke the license requirements for insurance companies in case of provision of inaccurate reporting. This was stated today the president of Union Andrei Kigim. The new bill "On amending the Law of the Russian Federation" On organization of insurance business in Russia, "which the State Duma plans to consider on second reading in early April, suggests such a possibility. If the amendments come into force, the insurance supervisory authority can revoke the license of the insurer, without Requirements if within the company twice distort reporting more than 3 million rubles. "This is exactly the wrong rate", - stressed Kigim. He noted that the alliance does not vutspaet against tightening oversight, but if its "purpose - not to strangle the financial market" . 'You can not enter the rate when the company revoke a license without a preliminary work, "- said the head of the BCC. He said that the experience of Western colleagues, in particular - Germany, suggests that you first need to introduce a system of fines." Needs first warn, then fined, and then withdraw, "- supported Kigima CEO AlfaStrakhovanie Vladimir Skvortsov, stressing that the" rule of 3 million just a killer ".