Bank of Russia insurance market department. Press about insurance, insurance companies and the insurance market Insurance company reporting to the central bank

On the procedure for submitting reports by insurance business entities

Starting from January 30, 2018, insurance business entities provide reporting to the Bank of Russia through the new personal account of an information exchange participant (https://portal4.cbr.ru/).

Insurer reporting generated using the XBRL taxonomy in accordance with Bank of Russia Directive No. 4584-U dated October 25, 2017 “On the forms, timing and procedure for compiling and submitting to the Bank of Russia reporting required for control and supervision in the field of insurance activities, and statistical reporting insurers, as well as the forms, deadlines and procedure for submitting accounting (financial) statements of insurers to the Bank of Russia”, is sent through the section “Providing reporting/By tasks/Reporting in XBRL format”.

Insurance brokers reporting for everything reporting periods is sent through the section “Providing reporting/By tasks/Entities of the insurance business/Reporting of insurance brokers”.

Reporting of insurers for previous reporting periods up to December 31, 2017 inclusive (except for the annual consolidated financial statements insurance organization) and reporting on transactions with in cash non-credit financial organizations(code according to OKUD 0420001), starting from 2018, is sent through the section “Providing reports/By tasks/Insurance business entities/Reporting of insurers for the periods up to 12/31/2017 inclusive and according to OKUD 0420001, starting from 2018.”

Annual consolidated financial statements of an insurance organization (except for insurance medical organization operating exclusively in the field of compulsory health insurance) is sent through the section “Providing reporting/By tasks/Insurance entities/GKFO”.

Insurance entities do not submit reports to the Bank of Russia through the “Requests and Orders” section.

The possibility of generating an actuarial report prepared based on the results of the mandatory actuarial assessment of the activities of insurance organizations for previous reporting periods up to 2016 inclusive, reporting on transactions with funds of non-credit financial organizations (OKUD code 0420001), annual consolidated financial statements of an insurance organization (for with the exception of an insurance medical organization operating exclusively in the field of compulsory medical insurance) for submission to the Bank of Russia, which was previously provided in the personal account of insurance entities, will now be available in the Package Preparation Program posted on the Bank of Russia website in the “Personal Account/Programs” section for generating reports of insurance business entities." The program installation guide is located in the same section.

CENTRAL BANK OF THE RUSSIAN FEDERATION

Conditions and formats for the submission of supervisory reports by insurers for July and August 2017 in the form of electronic documents

Supervisory reporting prepared by insurers in accordance with Bank of Russia Directive No. 4356-U dated April 21, 2017 “On the forms, deadlines and procedure for compiling and submitting reports by insurance organizations and mutual insurance companies to the Central Bank of the Russian Federation” on a monthly basis (hereinafter - reporting) is submitted to the Bank of Russia in the form of electronic documents signed with an enhanced qualified electronic signature, through the personal account of insurance entities, a link to which is posted on the official website of the Bank of Russia on the Internet information and telecommunications network.

1. General Provisions

1.1. Insurers submit reports in the form of a set of files packed into one archive format " .zip". The files must ensure reading and monitoring of reporting indicators.

The archive file name is formed as follows:

XXXXX_dd.mm.yyyy_opn.zip

where XXXX - registration number records of the insurer in the unified state register of insurance entities (from one to four digits without leading zeros);

dd.mm.yyyy - reporting date (day, month, year).

For example: 928_31.07.2017_opn.zip.

1.2. The set of files presented as part of the reporting should include:

1.2.1. Insurer description file with name "0.xml", containing a description of the insurer.

1.2.2. File named "150.xml", containing data from sections 1 and 4 of reporting in form 0420150 "General information about the insurer".

1.2.3. File named "154.xml", form 0420154 “Report on the composition and structure of assets” (only for an insurance organization, with the exception of a medical insurance organization that provides exclusively compulsory medical insurance).

1.2.4. File named "164.xml", containing reporting data in form 0420164 " Turnover sheet according to accounts accounting insurer."

1.2.5. File named "165.xml", containing reporting data in form 0420165 "Report on financial results insurer (by income and expense symbols)".

1.2.6. Microsoft Word file (with a "doc", "docx" or "rtf" extension) named "comments_opn", containing the full text explanatory note to reporting (if prepared).

1.2.7. File named "order.pdf", containing an electronic copy of the administrative document on the appointment of the person who signed the reports as the acting head (director) of the insurer for the period corresponding to the date of signing the reports (submitted only if the reports were signed by the person acting as head (director) of the insurer).

1.2.8. File named "cover_letter.xml", containing data from the cover letter on the composition of the reports submitted by the insurer, the originating date of the letter and its registration number, the date and number of the order or request of the Bank of Russia (if the reports are submitted by the insurer in response to a received order or request of the Bank of Russia).

1.2.9. File named "tests_comments.xml", containing explanations for the inspection protocol control ratios reporting indicators (hereinafter referred to as the inspection protocol), which is presented only if the inspection protocol contains control ratios that have not been met or in which it is necessary to provide explanations or decoding in an explanatory note.

1.2.10. Files containing disconnected electronic signatures. The names of such files are obtained by adding the extension to the name of the file being signed ".sigl": "0.xml.sig1", "150.xml.sig1", "154.xml.sig1", "164.xml.sig1", "165.xml.sig1", "comments_opn.doc. sig1", "order.pdf.sig1", "cover_letter.xml.sig1", "tests_comments.xml.sig1".

1.3. When submitting reports in the form of electronic documents, the insurer must ensure the following conditions:

compliance with control ratios of reporting indicators in the order of supervision, posted on the official website of the Bank of Russia on the Internet information and telecommunications network;

compliance of the electronic signature with state standards (GOST) and the requirements provided for in Chapter 3 of this document.

1.4. An archive file containing a set of reporting files is generated by the insurer independently and attached as an attachment to a message sent to the Bank of Russia through the personal account of insurance entities.

In the "Subject" line of the sent message, you must indicate "OPN" in Latin letters and, separated by a comma, the registration number of the insurer's entry in the unified state register of insurance entities (from one to four digits without leading zeros).

Information about registered reporting, presented in the form of electronic documents with an electronic signature, is published on the Internet information and telecommunications network at http://Iks.fcsm.ru/reginfo.htm.

2. Requirements for file formats

When preparing files submitted as part of reporting, you must be guided by the following format requirements.

2.1. Structure xml-files

Every xml-the file must have the following structure:

period=" Period">

...



Where CompanyId- registration number of the insurer’s entry in the unified state register of insurance entities (from one to four digits without leading zeros);

Period- the last calendar day of the reporting period in the format “dd.mm.yyyy”.

Record view<ххх>in the future will be called opening, and- closing tag xxx. The tag declaration must not contain spaces or tabs. Text block between opening<ххх>and closingtags will be called section xxx.

Thus, xml-files consist of a header and a single section company. Section company must contain information specific to a particular file. In the following, this information will be referred to as the body of the file.

2.2. Insurer description file (0.xml)

2.2.1. The body of the 0.xml file should consist of one section attributes and one section general and have the following structure:

Value 1

…

Value N





Value 1



Value

Value



…

Value N

2.2.2. Inside section attributes The following attributes of the insurer are listed (tag names are written exclusively in lowercase Latin letters):

Table 1.

Table 1

— Northwestern Main Directorate of the Central Bank of the Russian Federation in relation to the activities of organizations located on the territory of the Northwestern, Southern, Volga, North Caucasus, Crimean federal districts, insurance brokers in accordance with Appendix No. 4 to the Order, as well as newly created in territories of the specified federal districts of insurance organizations and insurance brokers;

The legislation on technical inspection is subject to serious changes

4. Main Directorate for Combating Unfair Practices in the Open Market. The functions of ensuring control over compliance with the requirements of the legislation of the Russian Federation on combating the misuse of insider information and market manipulation, as well as identifying cases of insider trading and market manipulation, are carried out by the Main Directorate for Combating Unfair Practices in the Open Market. In addition, the functions of the Main Directorate will include monitoring and identifying the activities of organizations that have signs of “financial pyramids”.

Telephone department of the insurance market of the Bank of Russia

This Department is part of the Insurance Market Department of the Central Bank. The expert’s main tasks include analyzing data regarding insurers’ compliance with financial stability and solvency requirements, calculating insurance rates, and preparing draft regulations of the Central Bank.

Establish that control and supervision of compliance with the requirements of the insurance legislation of the Russian Federation (with the exception of the functions of inspection activities in relation to insurance business entities, issues falling within the competence of the Service for the Protection of the Rights of Consumers of Financial Services and Minority Shareholders, admission to work in the financial market of insurance business entities , as well as combating the legalization (laundering) of proceeds from crime and the financing of terrorism) insurance organizations and insurance brokers, except for the insurance organizations and insurance brokers specified in Appendices 1 and 2 to the order, carry out: 2.1. Main Directorate of the Central Bank of the Russian Federation for the Central Federal District of Moscow (Polyakova O.V.) in relation to the activities of insurance organizations located (at their location) on the territory of the Central Federal District, and insurance brokers in accordance with Appendix 3 to the order, and also newly created (at location) insurance organizations and insurance brokers in the territory of the Central Federal District.

Order of the Bank of Russia dated March 28, 2020

2. Establish that control and supervision of compliance with the requirements of the insurance legislation of the Russian Federation (with the exception of the functions of inspection activities in relation to insurance entities, issues falling within the competence of the Service for the Protection of the Rights of Consumers of Financial Services and Minority Shareholders, admission to work in the financial market of entities insurance business, as well as combating the legalization (laundering) of proceeds from crime and the financing of terrorism) insurance organizations and insurance brokers, in addition to the insurance organizations and insurance brokers specified in Appendices 1 and 2 to the order, carry out:

Department of the Insurance Market under the Central Bank of the Russian Federation

In her statement, she said that 19 insurers were subject to either orders or a plan to restore solvency. As of today, the regulator has established a high probability of risk that these insurers will not be able to meet the requirements established by the Bank of Russia.

Insurance supervision in the Russian Federation

During the transition to a market economy in the harsh 90s, when the state structure was being rebuilt, the functions of supervision over insurance agencies and private insurance services since 1996 were performed by the Department of Supervision under the Ministry of Finance. Since 2004, all supervisory powers have been transferred to the Federal Service of the Ministry of Finance.

Insurance Market Department of the Central Bank of the Russian Federation hotline

1. Development of the insurance market, including preparation of proposals for improving legislation, preparation of regulations and other acts of the Bank of Russia (development of methods, standards, rules and other documents), preparation of opinions on draft regulations submitted to the Bank of Russia.

Insurance Market Department of Bank of Russia address

The agency assigns sovereign ratings to countries, as well as ratings to companies, banks, sub-federal and municipal borrowers on an international scale. The agency also assigns ratings according to the national scales of the countries in which it has its own representative offices (in Kazakhstan and Belarus).

Izotova Galina Sergeevna - member of the General Council of the All-Russian public organization "Business Russia", Chairman of the Board of Directors of CJSC Drobmash; 23. Kalmykov Yuri Pavlovich - professor of the basic department "Federal Antimonopoly Service" at the Federal State Budgetary Institution of Higher Professional Education "Financial University under the Government of the Russian Federation"; 24. Nadezhda Viktorovna Kirillova – Deputy Head of the Department of Insurance Business at the Financial University under the Government of the Russian Federation; 27.

Insurance Market Department at the Central Bank contacts

It is concluded that the procedure and timing of inspections, their frequency, the rights and responsibilities of the insurance supervisory authority and the subjects of the case must be established by federal laws. Insurance plays a vital role in modern economic relations.

Bank of Russia Insurance Market Department

The activities of insurance organizations are fundamentally different from the activities carried out by other business entities, since they are aimed at ensuring the protection of the property interests of individuals and legal entities from unforeseen circumstances, accidents and natural disasters. Moreover, each insured event has its own individual characteristics both in terms of the nature and the amount of damage caused.

Insurance Market Department of Bank of Russia

“People who decide to act usually have good luck; on the contrary, they are rarely successful for people who do nothing but weigh and procrastinate.” According to information from the press service of the Bank of Russia, posted on the official website, from March 3, 2014, control and supervision of insurance organizations will be carried out by the Insurance Market Department of the Bank of Russia.

Reporting, which in accordance with the current regulatory legal acts was submitted to the territorial divisions of the SBRFR, from March 3, 2014 must be submitted to the territorial branches of the Bank of Russia in accordance with the Scheme for assigning the territories in which financial market participants are located to the territorial branches of the Bank of Russia, to which financial market participants submit reports from 03/03/2014. The specified scheme is posted on the Bank of Russia website in the section “Financial markets / Contact information of territorial institutions of the Bank of Russia (for interaction with non-credit financial institutions)” (From March 3, 2014, the name of the section “Bank of Russia Service for Financial Markets” on the official website of the Bank of Russia will be changed to “Financial markets”).

Department of the Insurance Market under the Central Bank of the Russian Federation official website

But there are problems in the market today regarding the cost of spare parts, and tomorrow there will be even more of them. According to our expert estimates, a possible “hole” as a result of these inflationary processes in the comprehensive insurance segment could amount to 20-30% of the total volume of this market. The majority of cars that are insured under comprehensive insurance require spare parts, the price of which is not denominated in rubles. To some extent, these losses with expensive spare parts will then be paid by MTPL insurers. At the same time, with some companies we see that in fact, comprehensive insurance is insured with an underfunded tariff of 3-4 times the required amount.

Central Bank: the number of insurance market entities in 2017 decreased by 15%

In Russia in 2017, the number of insurance business entities decreased by 15%, according to the annual report of the Bank of Russia.

“The total number of insurance business entities decreased over the year by 15.1% and as of January 1, 2018 amounted to 309. The total capital of insurers (insurance organizations and mutual insurance companies) in 2017 amounted to 605.4 billion rubles, insurance reserves - 1 trillion 448.5 billion rubles, net profit - 84 billion rubles. The total volume of assets of Russian insurers reached 2 trillion 429.7 billion rubles. The ratio of assets to GDP was 2.64%,” the document notes.

In 2017, demand for insurers’ services continued to grow. The volume of collected insurance premiums increased by 8.3% in 2017 and reached 1 trillion 278.8 billion rubles (1 trillion 180.6 billion rubles in 2016). The share of the 20 largest insurers in premiums collected in 2017 was 79.8% (78.1% in 2016). The growth rate of contracts concluded in 2017 reached 15.1%, the number of insurance contracts concluded increased to 193.1 million units.

Payments in 2017 increased by 3.9 billion - to 509.7 billion rubles (plus 0.8%). For the market as a whole, the payout ratio for 2017 was 39.9%, which is 3 percentage points less than the corresponding value in 2016.

In 2017, the most significant increase in fees (53.7%) was demonstrated by life insurance. The volume of life insurance premiums increased by 115.8 billion rubles and reached 331.5 billion. As a result, the share of life insurance in total premiums increased to 25.9% (in 2016 - 18.3%). The growth rate of payments was 21.7%, the volume reached 36.5 billion rubles.

Receipts from compulsory motor liability insurance in 2017 decreased by 12.3 billion to 222.1 billion rubles (minus 5.2% for the year). At the same time, the number of contracts concluded under MTPL increased by 0.1% to 38.2 million units in 2017. As a result, the average premium decreased by 5.3% and amounted to 5.8 thousand rubles. In 2017, the volume of payments under compulsory motor liability insurance reached 175.5 billion rubles. A reduction in contributions and an increase in payments led to an increase in the payment ratio for compulsory motor insurance (up to 79% at the end of 2017).

The volume of contributions for voluntary health insurance in 2017 amounted to 140 billion rubles. The number of concluded insurance contracts increased by 7.9% to 11.1 million units. The volume of premiums for insurance of land transport vehicles, except for railway transport, decreased by 8.2 billion to 162.5 billion rubles (minus 4.8% for 2017).

At the same time, the number of concluded insurance contracts increased by 8.7% and amounted to 3.9 million units. In 2017, there was a decrease in the average insurance premium for insurance of land transport vehicles, except for railway transport vehicles: from 47.2 thousand rubles in 2016 to 41.3 thousand rubles in 2017. In 2017, the volume of payments for insurance of ground transport vehicles, except for railway transport vehicles, decreased by 14.5% to 83.3 billion rubles.

The volume of insurance premiums under contracts transferred to reinsurance decreased in 2017 by 17.6% to 108.9 billion rubles. As a result, the share of reinsurers in the total volume of insurance premiums decreased by 2.7 percentage points and amounted to 8.5%.

ANNOUNCEMENT

ABOUT ORDER

PRESENTATION OF REPORTING BY NON-CREDIT FINANCIAL ENTITIES

ORGANIZATIONS (EXCEPT INSURANCE ENTITIES)

1. Non-credit financial organizations (except for insurance entities) submitting reports to the Bank of Russia in XML format (XTDD), from 02/15/2018 submit reports through the new Personal Account of the information exchange participant (https://portal4.cbr.ru/) .

2. Reporting generated using the XBRL taxonomy in accordance with Bank of Russia Directive No. 4623-U dated November 27, 2017 “On the forms, timing and procedure for compiling and submitting activity reports to the Bank of Russia, including requirements for reporting on mandatory pension insurance, non-state pension funds" and Directive of the Bank of Russia dated November 27, 2017 N 4621-U "On the forms, deadlines and procedure for drawing up and submitting reports professional participants market valuable papers, trade organizers, clearing organizations and persons performing the functions of a central counterparty, as well as other information to the Central Bank Russian Federation", is sent through the section of the personal account of the participant in the information exchange (hereinafter referred to as the AIO LC) "Reporting/By tasks/Reporting in XBRL format".

3. Reporting of non-credit financial institutions, generated in the Application Form for the preparation of electronic documents in XML format (XTDD), is sent through the section of the LC of the UIO “Submission of Reports” in accordance with clause 4.6.8 of the Instructions for working with Personal account UFR:

for professional securities market participants, trade organizers, clearing organizations and persons performing the functions of a central counterparty, as well as non-state pension funds - for reporting periods until December 31, 2017;

for other non-credit financial organizations (except for insurance entities) - for all reporting periods.

4. To implement the procedure for correct preparation of the reporting file and fulfill the requirements of the above instructions, it is necessary to use a specialized assembly of the Questionnaire Program for preparing and sending electronic documents to the UIO LC, published in the section “Programs for the Preparation of Electronic Documents”.

5. Reports previously certified by two electronic signatures: specialized depository and management company or non-state pension fund, is certified only by the signature of the organization sending the reports, and is transmitted as part of an XTDD package containing a ZIP archive, inside of which there is an XTDD package with reports certified by the signature of a specialized depository. To submit reports, you must use the current versions of Application Forms for the preparation of electronic documents, published in the section “Programs Application Forms for the Preparation of Electronic Documents”.

6. Notifications generated using Questionnaire Programs for preparing electronic documents, addressed to the Department of Admission and Termination of Activities of Financial Organizations and the Department of Corporate Relations of the Bank of Russia, from 02/10/2018 are sent through the AIO LC (https://portal4.cbr.ru/ ) by sending an initiative request (letter) when selecting the "Send request" option, with an additional cover letter attached.