About 20% of the Russian insurance companies are in the “red zone”

MOSCOW, 26 Oct — RIA Novosti/Prime. About 20% of the Russian insurance companies from the point of view of the Bank of Russia are at high risk of non-compliance as assets and liabilities, the statements of the Director of insurance market Department, Central Bank of the Russian Federation Igor Zhuk.

“44% is low risk, 36% are moderate risk and 20% is a “red zone”… 20% of the market “crash” from the point of view of possible problems (53 companies as at 30 September),” he said on Wednesday during the round table-seminar organized by the all-Russia Union of insurers (VSS).

Beetle it said that now the Russian market has left less than 270 insurance companies, including MHI companies, and stressed that from the point of view of risks the situation on the insurance market of the Russian Federation is improving. “53 — not two, not three. This, of course, a lot. But in this case we believe that the trend to improvement is the place to be,” he said.

At the beginning of the year, according to the Central Bank, in the “red zone” were about 130 Russian insurance companies out of 330 existing at the time, that is about 40%.

According to the Bug, the important point is that for every company it is possible to conduct a purposeful conversation about ways of an exit from this “red zone”, and noted that the market is working the Institute of curators.