Participants of the Bureau of compulsory insurance collected two-thirds of all premiums

Minimum strip premiums collected in January-March, participants Bureau of compulsory insurance is 680,5 thousand manats. It has gathered so much fallen into disfavor Finance company "Alfa Sigorta", whose license was recently frozen, then thawed by the Minister.

In general, participants in a collective piggy bank office received during this period 68.3 million manat, which is about two-thirds (66.8%) of the total (102.23 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 LCA and CASCO) of compulsory insurance.

An even greater imbalance in the ratio of payments - all claims of the insurance customers 'elite' were 19.1 bn (75.4% of all payments).

The Bureau of Compulsory Insurance was launched 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 the implementation and management of compensation to 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 those insurance companies that are members of the Bureau. - 17D-