MTPL market recovered from the crisis

Policies "avtograzhdanki" brought the insurers more than 92.4 billion rubles, or 8% more than in 2009. Also discussed to increase the limit on payments, which may lead to higher rates for insurance. In 2010, the auto insurance market grew by 8%. According to preliminary data of the Russian Union of Auto Insurers (RSA), last year the insurance companies on premiums collected 92.4 billion rubles by selling 37,065,295 compulsory civil liability motor, which is approximately 1.9 million contracts more than a year earlier. This is due to the restoration of the car market after the crisis - Russian fleet continues to grow. At the same time in 2010, insurance premiums to drivers who have suffered in the accident, were 53.8 billion rubles, or 5.5 billion rubles more than in 2009. However, the number of settled insurance claims rose to 2.29 million last year from 1.95 million a year earlier. Increased and the amount of payments for damages. Thus in 2010 the amount of insurance payments amounted to 57.3 billion rubles. The bulk of premiums - about 70% - went to big insurers, the share of the top 10 players in the market OSAGO had 64.7 billion rubles. Leadership in the market since 2009 keeps Rosgosstrakh, he signed contracts worth 28.7 billion rubles, of which 57,2% was spent on compensation payments. In second place - RESO-Garantia, the company has collected 8.5 billion rubles in premiums, of which paid 3.3 billion rubles. Third place went to Ingosstrakh with contracts totaling 6.2 billion rubles, of which 3.3 billion was paid rubles. Also in the list of the strongest insurers appear on the company "Spassky Gate, FAC, ROSNO, UralSib, AlfaStrakhovanie, MSC," Consent. " In 2010, ceased work on 19 insurance companies, the year before the market left 15 insurers. Now a member of SAR 121 insurance company, and this number may still shrink, as from 2012 will come into effect new requirements for the authorized capital of insurance companies. A year later the companies working with policy OSAGO, the authorized capital must be at least 60 million rubles, which is twice the current requirements. Representatives of the SAR noted that currently 21 insurance company does not comply with these conditions. However, for the market they are not so important - they accounted for just 1.24%. Meanwhile the government continues talks on increasing the limit on payments to third party insurance. Ministry of Finance has drafted the amendments to the law on compulsory motor TPL insurance, under which the maximum payout on the share of each vehicle owner for damage to his property will rise to 400 thousand rubles. The draft amendments is to increase the limit of payment for damage to life and health of citizens from 160 to 500 thousand rubles and the development of a fixed table for compensation payments for injuries. Moreover, under current law, the treatment is paid only to those who do not have the right to free medical care. During the readings, and a more detailed discussion of these amendments, the figures may be changed. Now the amendment under consideration by the Ministry of Finance in the Ministry of Justice. According to preliminary data, the Ministry of Justice approves the increase in the limit. Limit increases is likely to rise in price of compulsory civil liability motor. According to approximate estimates of experts, the base rate could increase to 1,5 times. Recall the last time rates "avtograzhdanki" increases in 2003. Now the limit on insurance benefits is 120 thousand rubles, and if the perpetrator inflicts damage to multiple vehicles, the share of all owners will be allocated only 160 thousand.