Members of the Bureau of Compulsory Insurance Carried Three-quarters of All Insurance Claims

Minimum strip premiums collected in January-June, the Bureau of compulsory insurance of participants is 3.94 million manat. It is so much Mega Sigorta collected in the absence of another relative outsider (the Ministry of Finance has fallen into disfavor of Alfa Sigorta, whose license was first frozen and then thawed by the Minister).

In general, participants in a collective piggy bank of the Bureau received over the period 134558700 manat, which is about two-thirds (67.9%) of the total (198.02 million manat). If we add to these prizes compulsory insurance against accidents and diseases at work, we see that the local market is almost entirely (except for VHI and CASCO) of compulsory insurance.

An even greater imbalance in the ratio of payments - all claims of the insurance customers "elite" were 43280680 manat (74.5% of all payments).

Bureau of Compulsory Insurance based December 16, 2011, in accordance with the requirements of the law of the same name. The structure included 12 participants of the insurance market.

The main function of the Bureau is implementing compensation and management of certain financial fund, which will be produced by means of the payment of compensation. Compensation will be made in the event of bankruptcy of insurance companies - members of the Bureau.

Financial Resources Bureau formed from the entrance fee, a security deposit for each type of compulsory insurance, as well as 5% of the total premiums for compulsory that insurance companies will be transferred monthly to the Bureau.

The law "On mandatory types of insurance" covers four types of compulsory insurance. This CTP insurance, property insurance, liability insurance for the operation of real estate, insurance of passengers. In this case, under the terms of the law, to provide services to these types of compulsory insurance, only insurance companies - members of the Bureau. - 17D-

 

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