The Bank of Russia will check insurers on asset quality

1 July 2015 —
The Bank of Russia before the year's end will verify the correspondence received by insurers of actuarial opinions of the real state of their assets, according to the Agency of insurance news (ASN) with reference to the head of the Department of insurance market Igor Zhuk. The regulator have any questions to the work of actuaries, specialists in insurance mathematics involved in the calculations of the rates and reserves of insurance companies.

"We are already faced with the fact that we get the opinion of the responsible actuary, which shows that the company all right, and tomorrow we revoke her license, " said beetle, Is, of course, the question of incidence. But if he gives opinions to the companies, and with maniacal persistence out of the market, then probably something is wrong in your Conservatory". Read the full story The Bank of Russia will check insurers on asset quality
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