About Insurance

Original Language Title: О страховании

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E N

RUSSIAN FEDERATION

About an insurance business in the Russian Federation

(name in red. Federal Act of 31 December 1997

N 157-FZ-Legislative Assembly of the Russian Federation, 1998, N

1, art. 4)

(reed. Federal Act of 31 December 1997 N 157-FZ-

Russian Federation Law Assembly, 1998, N 1, Article 4;

Federal Law of Nov. 20 1999 N 204-FZ-Assembly

Russian Federation Federation, 1999, N 47, st. 5622;

Federal Law of March 2002 d. N 31-FZ -Assembly

Russian Federation Federation, 2002, N 12, st. 1093;

Federal Law 25 2002 N 41-FZ-Collection

Russian Federation Federation, 2002, N 18, st. 1721;

Federal Law From 8 December 2003 N 169-FZ Meeting

Russian Federation Federation, 2003, N 50, .4855;

Federal Law of 10 December 2003 N 172-FZ-Assembly

Russian legislation Federation, 2003, N 50, st. 4858;

Federal Law of July 2004 N 67-FZ - To

Russian Federation Federation, 2004, N 30, st. 3085;

Federal Law of March 2005 N 12-FZ - Collection

Russian Federation Federation, 2005, N 10, st. 760;

Federal Law of July 2005 N 90-FZ - To

Russian Federation Federation, 2005, N 30, st. 3101;

Federal Law of 21 July 2005 N 104-FZ- To

Russian Federation Federation, 2005, N 30, st. 3115;

Federal Law of 17 May 2007 N 83-FZ -Collection

Russian Federation Federation, 2007, N , st. 2563;

Federal Law of Nov. 8 2007 N 256-FZ -Collection

Russian Federation Federation, 2007, N 46, st. 5552;

Federal Law of Nov. 29 2007 N 287-FZ-Assembly

Russian legislation Federation, 2007, N 49, st. 6048;

Federal Law of 30 2009

} N 243-FZ-Assembly

Russian Federation legislation, 2009, N 44, st. 5172;

Federal Law of April 2010 N 65-FZ-Collection

Russian Federation Federation, 2010, N 17, st. 1988;

Federal Law of 27 July 2010 N 226-FZ - Meeting

Russian Federation Federation, 2010, N 31, st. 4195;

Federal Law of 29 November 2010 N 313-FZ -

Russian Federation Federation, 2010, N 49, st. 6409;

The

Federal Law of July 2011 N 236-FZ - To

Russian Federation, 2011, N 30, st. 4584;

Federal Act of 30 November 2011 N 362 - Collection

Russian legislation Federation, 2011, N 49, st. 7040;

Federal Act of 25 December 2012 N 267-FZ -Collection

Russian Federation Federation, 2012, N 53, st. 7592;

Federal Law of 28 June N 134-FZ -Collection

Russian legislation Federation, 2013, N 26, st. 3207;

Federal Law of 23 July d N 234-FZ -Collection

Russian Federation, 2013, N 30, st. 4067;

Federal Law June N 149-FZ -Collection

Russian Federation Federation, 2014, N 23, st. 2934;

Federal Law of July 2014 N 223-FZ -Collection

Russian Federation, 2014, N 30, st. 4224;

Federal Law from 4 November N 344-FZ- -Collection

Russian Federation Federation, 2014, N 45, st. 6154;

Federal Law of March March 2015 N 39-FZ - To

Russian Federation Federation, 2015, N 10, st. 1409;

Federal Law of June 2015 N 155-FZ - To

Russian Federation Federation, 2015, N 27, st. 3946;

Federal Law of June 2015 N 210-FZ - Collection

Russian Federation Federation, 2015, N 27, st. 4001;

Federal Law of 13 July 2015 N 231-FZ -Collection

Russian Federation legislation, 2015, N 29, st. 4357;

Federal Law of 13 July 2015 N 259-FZ -

Meeting

Russian Federation Federation, 2015, N 29, st. 4385;

Federal Act of 28 November 2015 N 349-FZ -Collection

Laws of the Russian Federation, 2015, N 48, Art. 6715

Chapter I. GENERAL PROVISIONS

Article 1: Relationship governed by this Law

1. This Law regulates the relationship between s

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membership, Activity

insurance subjects, and other relationships, related

organization of an insurance business (to the red. Federal Act of 23 July

2013 N 234-FZ-Assembly of Russian Legislation,

2013, N 30, article 4067).

2. Relations given in

1 of this

Federal and laws

Central Bank of the Russian Federation (hereinafter-Bank of Russia),

cases, of federal laws

compliance with laws by act of

Federation (hereafter referred to as normative legal acts) (ed.) Federal

Act of 23 July 2013 N 234-FZ - Law Collection

Russian Federation, 2013, N 30, est. 4067).

3. For the Act of the Federal Law, Other

normative legal and laws of of the Bank of Russia,

paragraphs 1 and 2 of this article are composite

part of of the insurance law (reed. Federal Act of

23 July 2013 N 234-FZ- Assembly of the Russian

Federation, 2013, N 30, st. 4067).

4. This Act applies to relations

required insurance in basesestablishment

manage the specified relationship.

5. This Law does not apply to relations

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also for export credit and investment insurance

from business and (or) political risks implemented

In accordance with Federal Law of 17 May 2007 N 82-FZ " O

Development Bank " (paragraph 5 introduced by Federal Act of 20 July 2004

g. N 67-FZ-Assembly of Russian Law, 2004,

N 30, st. 3085; to the red. Federal Act of 18 July 2011 N

236-FZ- Collection of Russian legislation, 2011, N

30, article (...) (...)

6. The action of this Law applies to insurance

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features, Federal

Mandatory health insurance in the Russian Federation " (para.

6 was introduced by Federal Law from 29 2010 N 313-FZ

The legislation of the Russian Federation, 2010, N 49, st.

6409).

(Article 1 to the red. Federal Act of 10 December 2003 N

172-FZ -Russian Law Assembly, 2003, N

50, article 4858)

Article 2: Insurance and insurance

(insurance)

1. Insurance - Relation to Physical andProtection

legal persons, Russian Federation Russian

Federation and municipalities when certain

insurance cases for money of funds,

Insurers of premiums paid (premiums), a

also at the expense of other underwriters.

2. Insurance ( case)

insurers insurance, reinsurance,

mutual insurance, and insurance brokers

services, related insurance, with reinsurance (in .

Federal Law July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, sect. 4067).

(Article 2 to the red. Federal Act of 10 December 2003 N

172-FZ -Russian Law Assembly, 2003, N

50, article 4858)

Article 3: Purpose and objectives of the organization of the insurance business.

Insurance Forms

1. The organization

and legal legal

Russian Federation Subjects Russian Federation

municipal entities when insured events occur.

Insurance organization tasks are:

The public in

insurance;

Insurance Property Fixing and Forming Mechanisms

insurance, providing economic security

business entities in the territory of the Russian Federation.

2. The form of the form is voluntary

insurance and compulsory insurance.

3. Voluntary insurance

and insurance rules

The

condition and the order of the implementation. Insurance Rules

and approved by by the or union

Insurers according to Civil Code

Russian Federation, of the present Law and federal laws and

contains clauses about insurance subjects objects

insurance, about insurance cases, about insurance risks, order

insurance-sum, insurance premium, premium

(premiums), order of opinion, execution, and termination

insurance contracts, and about parties

or damages order of the order

insurance payout, insurance maturity date, and

exhaustive list of reasons for denial of insurance and other

positions (in Federal Act of 23 July 2013 N 234-FZ-

The legislation of the Russian Federation, 2013, N 30, st.

4067; of the Federal Act of June 29, 2015. N 155-FZ- Collection

Russian legislation, 2015, 3946).

Insurance Rules ( insurance rules )

accepted in international civil insurance system

liability of transport vehicles

joined Russian Federation must contain

comprehensive list of and documents required for

insurance contracts, risk assessments

estimates of loss or damage, and, except , , and

how to make a decision about how to implement an insurance benefit,

life insurance contracts also order calculation of the purchase amount and

accruals investment revenue, if provides

membership of an insurer or other person, in

life insurance contract in investment insurer income

(Paragraph introduced by the Federal Act of 23 July 2013 N 234-FZ

The legislation of the Russian Federation, 2013, N 30, st.

4067).

The Bank of Russia has the right to determine in its normative

minimum (standard) requirements and

individual insurance (paragraph

introduced by the Federal Act of 23 July 2013. N 234-FZ-Assembly

Russian legislation, 2013, N 30, sect. 4067).

Insured Requirements

s

contract of insurance, insurers are required to explain the position,

containing insurance rules

provide compensation information

insurance agent, insurance broker on compulsory insurance,

Calculating Changes for the Insurance Property of the Insurance Property

insurance, calculation of insurance payout or purchase amount (if

these s life insurance contract

sizing

investment income on life insurance contracts, to be concluded

with the insurer or other person's participation,

life insurance contract investment investment

Insurer (paragraph introduced by Federal Act of 23 July 2013) N

234-FZ -Collection of Russian legislation, 2013, N

30, article 4067).

3-1. participants

relations, regulated by the Law, , and

fraud in insurance unified automated

information system, containing information about treaties

insurance by types of insurance, under sub-items 6 and

14 paragraph 1 of Article 32-9 of this Law, Insurance Cases and Other

insurance implementation ( - unified

automation system). Automatedoperator

system is the professional union of insurers

authored by Federal Law of 25 April 2002

Year N 40-FZ CitizensInsurance

responsibility of vehicle owners. " Create Order

and operation of unified in the number

providing access to the information it contains, lists of views

information, provided by insurers,

is established by the Bank of Russia (Paragraph 3-1 is introduced by Federal Law

dated July 21, 2014. N 223-FZ-Legislative Assembly of the Russian Federation

Federation, 2014, N 30, st. 4224).

4. Conditions for and the order of implementation of the required insurance

defined by federal specific types of mandatory laws

insurance. Federal specific

insurance must contain clauses that define:

(a) insurance subjects

b) objects to be insured

list of insurance cases;

g Minimal

definitions;

d) size, structure or the order of the insurance

tariff;

(e) duration and payment order of the premium (premiums);

age of an insurance policy;

(s) how to determine the amount of an insurance benefit;

and) control implementation of insurance;

or

liabilities of insurance entities;

l) Other locations.

(Article 3 to the red. Federal Act of 10 December 2003 N

172-FZ -Russian Law Assembly, 2003, N

50, article 4858)

Article 4: Insurance objects

1. life insurance objects can be property

interests associated with a citizen's pre-defined age or

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death (life insurance).

2. s and diseases

can be property interests related with causing damage

citizens ' health, as well as their death

case or illness (accident and illness insurance).

3. Health insurance objects can be property

concerns related to payment of organization and medical and

medicines (medical services) and other services

physical person's or state of physical

faces, requiring

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for the life or health of the physical person, threats and (or) to resolve

them (health insurance).

4. Property insurance objects can be property

interests, bound with risk of (death), missing or

property damage (property insurance).

financial financial risks in

Insurance can be the property of the insurer

(insured faces), related with

unexpected expenses of natural persons, legal

persons (financial risk insurance).

5. Enterprise risk insurance can be

property interests related to the risk of loss from

business activities due to breach of their obligations

entrepreneurs or of this

enterprise-independent circumstances,

with at risk (insurance

business risks).

6. Civil liability

be property interests related to:

1) risk of liability for hurting

life, health, or property of citizens, property legal

municipal entities, Russian Federation or

Russian Federation;

2) the risk of liability for breach of contract.

7. Objects specified in 1 - 3 of this article,

relates to personal insurance, objects specified in items 4 to 6

this article applies to property insurance.

8. If by law, does not have other

insurance allows objects to be combined

different insurance types

4 - 6 of this article, , and

insurance, under paragraphs 2 and 3 of this article, or

only personal insurance objects covered by items 1-3

this article (combined insurance).

(Article 10 Ed. Federal Law of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

Article 4-1. The relationships that are governed by

By Law

1. Contributors

by law

are:

1) insured persons, insured persons, beneficiaries;

2 organizations, in reinsurance

organizations (to the red. Federal Act of 23 July 2013 N 234-FZ

Russian Law Assembly, 2013, N 30, st.

4067).

3) mutual insurance company

4) insurance agents;

5 Insurance brokers;

6) Actuaries. Federal Law of 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, art. 4067);

7 Russia

control and supervision of insurance activity (insurance)

(hereafter referred to as the insurance supervision authority) (ed.) Federal Act of

23 July 2013 N 234-FZ- Assembly of the Russian

Federation, 2013, N 30, art. 4067);

8) insurer cases in

self-regulating organizations (Subparagraph 8 introduced by Federal Law)

dated March 7, 2005 N 12-FZ-Legislative Assembly Russian

Federation, 2005, N 10, Art. 760);

9 Specialized Depot ( 9 )

Federal Law of 23 July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, sect. 4067).

2. Insurance Insurance Insurance Company

insurance brokers are for the case (in .

Federal Law July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, sect. 4067).

The activity of the insurer is

licensing, with the exception of Actuaries,

to be evaluated

single public registry of insurance entities in order,

The

set by the insurance supervision authority.

Unified State Register of Insurance Actors Must

contain information about the subject of the insurance case, it name,

location, manager, participants (shareholders), number,

issuance date, the license term, type of insurance activity,

for that issued the license, types of insurance,

which are implemented in of the insurer

(for and societies

insurance), domain name and/or network address

site of an insurance business in information and telecommunications

Internet, Insurers and Insurers Missions

location,

renew the license or comment (invalidations)

licenses, causes and exceptions from single state

Insurance Property Subjects Registry (Paragraph introduced by Federal Law

dated July 23, 2013 N 234-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, st. 4067).

corresponding information to Unified

state registry of the insurance business no later than five

workdays from days changes to (paragraph entered

Federal Law of 23 July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, sect. 4067).

3. Name (proprietary name) of Insurance Principal

case must contain:

1) the organizational-legal form's form

Insurance case;

2) an indication of the activity of the case

using of the words or "insurance" and (or) "reinsurance",

either mutual insurance, or "insurance broker",

derived from such words and phrases;

3) the symbol, the individualising subject of the insurance of the case.

(Item 3 in . Federal Act of July 21, 2005 N

104-FZ-Legislative Assembly of Russian Federation Federation, 2005, N

30, Art. 3115)

4. The legal legal

use fully symbol, individualizing another

insurance subject. The specified location does not apply to

child and dependent communities of the case ( 4

was introduced by the Federal Act of July 21, 2005. N 104-FZ-Assembly

Russian legislation, 2005, N 30, article 3115).

(Article 4-1 was introduced by Federal Law of 10 December 2003.

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, article 4858)

Article 5: Insurers

1. Insurers recognize legal persons and capable

individuals, who have insurance contracts with insurers

or being insured by law.

2. (Paragraph 2 is no more effective on the basis of the Federal of the law

December 10, 2003 N 172-FZ-Legislative Assembly of Russian

Federations, 2003, N 50, art. 4858)

3. ( 3 was null and invalid under the Federal Act)

December 10, 2003 N 172-FZ-Legislative Assembly of Russian

Federations, 2003, N 50, art. 4858)

Article 6: Insurers

1. Insurers-insurance organizations and Mutual

insurance, created compliance with

Russian Federation for Insurance Activities

reinsurance, mutual insurance and licenses

The

set of real by the Law in the order. Organizations of the Insurance

activity by reinsurance,

are reinsurance organizations (in . Federal

Act of 23 July 2013 N 234-FZ - Law Collection

Russian Federation, 2013, N 30, est. 4067).

2. Insurers evaluate insurance risk, receive

insurance premiums (insurance premiums), form insurance reserves,

invest assets, determine or damages,

benefits, other related

fulfill the obligations under the activity insurance contract.

Insurers have the right or insurance only

items 1-3 personal insurance objects

4 of this Law, or only property insurance

and personal insurance, of paragraph 2 and

2 -6 4 of this Law (ed. Federal

Act of 23 July 2013 N 234-FZ - Law Collection

Russian Federation, 2013, N 30, est. 4067).

activity activity activity

organization, mutual insurance company to be required

The

actuarial valuation of is a responsible actuary. Actuarial

Conclusion Mandatory Actuarial

evaluation by insurance underwriter

with annual accounting (financial) reporting, if otherwise

view's

insurance watchdog, but no later than July 1,

for the reporting year (paragraph introduced by the Federal Act of 23 July 2013

g. N 234-FZ-Assembly of Russian legislation, 2013,

N 30, st. 4067; to red. Federal Law of March 8, 2015. N

39-FZ-Collection of Russian legislation, 2015, N 10,

1409).

Insurers should separate expense accounting by type

mandatory insurance in order, by the body

insurance supervision (paragraph is introduced by Federal Law of July 23

2013 N 234-FZ-Assembly of Russian Legislation,

2013, N 30, article 4067).

(Paragraph 2 to red Federal Act of 10 December 2003 N

172-FZ -Russian Law Assembly, 2003, N

50, article 4858)

2-1. Insurers should create for security

preservation of documents, list of which and requirements to provide

Persists

control

(Paragraph 2-1 was introduced by the Federal Law of April 22, 2010). N 65-FZ

-Russian Law Assembly, 2010, N 17, st.

1988; to red. Federal Act of 30 November 2011 N 362-FZ-

Russian Law Assembly, 2011, N 49, st.

7040).

2-2. In cases, if insurance is required

information, contained in the United State registry

real property of and transactions with it, or informationmade in

state real estate cadastre, not

right to require from the insured, of the insured

benefits, and

Intent

contract of insurance, the view of the information. In specified

organization and in

set by Federal by Law of 21 July 1997 N 122-FZ " Oh

State registration of real property rights and transactions

and Federal by the law July 2007

state property cadastre ", within three working days

from of the citizen's delegate or representative

legal person queries and gets in specified

federal times in the federal executive

authority, delegate in state registration

for real estate and on the transactions with Cadastre and

public property cadaster real estate, , or

public government budget

empowered in accordance with

such body, , in Single State

registry of properties and transactions with it, or information

contributed in the real estate cadastre, in electronic

form (paragraph 2-2 of the Federal Law of 13 July 2015 g. N

259-FZ -Collection of Russian legislation, 2015,

29, article 4,385).

3. Organizations that arechild societies by

Relation to Foreign (major organizations)

having a share of foreign investors in their authorized capital more

49 percent, may not implement in the Russian Federation

coverage of life, health of and citizens ' property by means,

these targets from of the budget corresponding to

executive (insured), insurance,

related with procurement of the goods, work, services

public and municipal needs

Property Interests of State Organizations

municipal organizations.

Organization- Children By

Relation to Foreign (major organizations)

having a share of foreign investors in their authorized capital more

51%, cannot implement Russian

insurance specified in paragraph 1 of this paragraph,

Insurance of personal insurance objects referred to in paragraph 1

article 4 of this Law, and compulsory insurance

responsibility of vehicle owners.

For the purpose of this Law, foreign investors are recognized

foreign organizations that have a right to execute and on

conditions, of which Russian

Russian Federation, Investments in the Charter of the Russian Federation

the capital of an insurance organization created or again created by

territory of the Russian Federation.

If the size (quota) of foreign participation in

charter capital of insurance organisations > 50 %

Supervision

insurance activity

children > By Foreign

investors (major organisations) or with foreignshares

investors in their authorized capital of more than 49%.

Size (quota) foreign equity in in the charter capital

capital of insurance organizations is calculated by the body of the insurance

oversight every year

shares

organizations as of January 1 this year. Information

size (quota) of foreign capital participation in charter capital

insurance organizations, intro or termination

paragraphs 4 and seventh of

foreign investments to be invested in by the body

oversight in and is

official

Internet Information and Telecommunications Network within ten

days from the day of the appropriate decision.

Insurance is required to get

permission to increase the size of insurance authority

authorized capital by foreign investors (or)

their subsidiaries, alienating foreign investors

(including sales to foreign investors) of their shares (shares

in the authorized capital) and Russian shareholders (participants) are required

get the prior permission of the insurance authority

alienation of shares (shares in equity)

insurance organization in favor of foreign investors and (or)

child societies.

If (quota) participation

foreign capital in the charter of an organization's insurance capital

will be exceeded, Supervision

pre- permission for the organization,

child relationships to foreign investors

(major organizations) or foreign investors in

equity of 49

or

are the result of the specified transactions.

Payment by foreign investors of owned shares (shares

<

} s

{ <

}

exclusively in monetary form in the currency of the Russian Federation.

(Item 3 was introduced by the Federal Act of 20 November 1999). N

204-FZ-Russian Federation Law Assembly of the Russian Federation, 1999, N

47, st. 5622; in . Federal Law of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

4. Insurance organization, of the child

relation to foreign investor or

an existing share of foreign investors in their authorized capital more

49 percent, has permission to in of the Russian Federation

insurance activity, if foreign investor (basic

organization) is not less Five is an insurance organization,

law

The

corresponding state. Federal Act of 23 July

2013 N 234-FZ-Assembly of Russian Legislation,

2013, N 30, article 4067).

(Paragraph is lost due to Federal

July 2013 N 234-FZ - Collection

Federation, 2013, N 30, art. 4067)

(Paragraph 4 is introduced by the Federal Act of 20 November 1999 . N

204-FZ -Russian Law Assembly, 1999, N

47, art. 5622)

4-1. Pre-resolution of control in

cases of 3 of this article, is issued in

thirty days from the date of receipt by the insurance authority

statements and documents, attached to the statement and related

approved list of documents

required for for the specified prior permission

(Paragraph 4-1 was introduced by Federal Law of July 23, 2013). N 234-FZ-

The legislation of the Russian Federation, 2013, N 30, st.

4067).

5. (Paragraph 5 was introduced by the Federal Act of 10 December 2003. N

172-FZ-Russian Federation Law Collection-Federation, 2003, N

50, st. 4858; expired by Federal Act of 23

July 2013 N 234-FZ - Collection of the Russian

Federation, 2013, N 30, art. 4067)

6. goals of to reach the insured, of the insured persons

transferantbodies, persons who have intent to sign

insurance,

have its own Web site

"Internet", in is placed, in particular, next

information:

1) full name, (location ),

phones, Insurer

missions;

2 Information about leaders, about shareholders (participants,

members) of Insurer;

3) information about about documents, including

public registration number,

taxpayer number Registration

number in single state registry of insurance entities of the case

as well as information about the insurer's license and its duration;

4) Inventory of existing types of insurance;

5) insurance rules and insurance fares;

6) annual accounting (financial) reporting by the insurer and

audit three

previous reporting years;

7 annual financial reporting

audit three

previous reporting years;

8) rating agencies ' ratings agencies

(in case of attribution);

9) Insurer's activity information,

insurance types;

10 associations

unions, insurers ' associations

11) Other Information, Need Publish

provided by Russian Federation or

from custom business turnover.

(Paragraph 6 was introduced by Federal Law from July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

7. The

Insurer's activity to be posted on Insurer's site in

Information and Telecommunications Internet

Internet within five

business days from the date of the insurer's acceptance of the appropriate solution

if it is necessary to register or notify you about

delegate resolution-from the day of registration, respectively

or notifications.

Requirements by the in

6

insurance supervision.

(Paragraph 7 was introduced by Federal Law from July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

8. Insurer is responsible for storing documents containing information

specified in paragraph 6 of this article, on electronic media in

timeframe, of the Archived Case Law

in of the Russian Federation and of the body

insurance

of request (para. 8 introduced by Federal Law of July 23

2013 N 234-FZ-Assembly of Russian Legislation,

2013, N 30, article 4067).

9. For the purposes of this Law, the insurance group does not

legal entity of legal entities in which

one legal person or

group

significant influence of one insurance organization (hereafter referred to as the parent)

Insurance organization of the insurance group).

Auditing and significant members

insurance group and insurance company head insurance

defined in accordance with International Financial Standard

{ Reports that are recognized in the territory of the Russian Federation.}

(Paragraph 9 by Federal Law from 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

10. Restrictions imposed by paragraphs 1 and 2

3 and of paragraph 4 of this article do not apply to insurance

organizations, that are child societies of

Foreign (major organizations) or have

foreign investors in the charter capital more

%, created or reorganized until August 22, 2012 and

matches with Russian Federation

acting on the specified date, have the right to make insurance

activities listed in paragraphs 1 and 2 of paragraph 3 and paragraph

4 of this article (paragraph 10 introduced by Federal Act of 23 July

2013 N 234-FZ-Assembly of Russian Legislation,

2013, N 30, article 4067).

Article 6-1. Information sharing in an electronic

of the form between the insurer and insurer

1. Creating and sending to the insured (insured

)

beneficiary's information to the insurer in

( insurance notification

insurance event, insurance claims

and (or) other documents) for

insurance, to receive insurance payout in cases and in order,

which are provided by insurance rules,

using the 6 Law

official site of the insurer in information and telecommunications

Internet. The of the insurer

may use in of the system

insured and by the insurer

information system.

official

perpetrating actions, can

implement by the insurer (insured

beneficiaryusing a single authentication system

and authentication.

2. When implementing voluntary insurance in

electronic form sent to underwriter and signed

(insured of the person

beneficiary- -

requirements of Federal Law of 2011 N 63-FZ

"About the electronic signature", is recognized as an electronic document,

equivalent to the document on the form, signed

hand-written of this physical person, if rules

insurance does not provide otherwise.

Requirements for the use of documents and order

<

(the insured person, the beneficiary) and by the

voluntary insurance implementation set by rules

insurance and (or) other the agreement between given

complying with Federal Act of 7 August 2001

N115-FZ " About Countering Money Laundering

received criminal by, , and terrorism financing

Federal Act of 6 April 2011 N 63-FZ " On electronic

signature. "

3. Requirements for the use of electronic documents and order

<

(the insured person, the beneficiary) and by the

mandatory insurance, in particular recognition

information in the electronic form, of the signed electronic

caption, an electronic document, equivalent to

paper of the media, signed by

federal Specific

mandatory insurance and matches with

Regulatory Compliance

requirements of Federal Law from 7 August 2001 N 115-FZ

" About Money Laundering (Money Laundering) Received

criminal by, , and terrorism financing and Federal

the law of April 6, 2011, N 63-FZ "On electronic signature".

4. Voluntary Insurance Contract according to items

2 and 3 articles 434 and 940 Civil of the Russian code

Federation can be drafted in

{ \b } { \b

} { \b

} { \b

}

} insurer-to-physical person

reasons for his written or oral form of insurance

policy (evidence, certificates, receipts), signed

enhanced qualified insurer

complying with Federal Law from 6 April 2011

N 63-FZ "About the electronic signature", contract of the voluntary

insurance, composed as an electronic document, is considered

Insured by Insurer with

the time of payment by the insurance premium policyholder (insurance contribution).

Insured- The physical person pays the premium

(premium contribution) after exposure, in

contract and insurance rules

permission to sign

offered by the insurer.

5. Activity of Insurance Agents and for the Brokers

providing services related to insurance contracts in

electronic documents according to this article, not

is allowed.

(Article 6-1 was introduced by Federal Law of 4 June 2014 g. N

149-FZ- Collection of Russian legislation, 2014, N

23, art. 2934)

Article 7. Regulatory framework for society

mutual insurance

The Insurance activity

Civil of the Russian Federation By Law,

Federal Law on mutual insurance and other federal

laws (under the law) Federal Act of 29 November 2007 N 287-FZ

-Russian Law Assembly, 2007, N 49

6048.

Article 8: Insurance agents and insurance brokers

1. Underneath the activity of insurance agents, insurance brokers

Insurance and reinsurance is activity,

in insurers or

related to service provider rematch and (or)

insurer (reinsurance), insurance conditions

(reinsurance), design, enter and maintain

insurance (reinsurance), changes it

Document Decoration for Requirements

payment, insurer (reinsurance)

to carry out advisory activities.

Similar activity, by the insurer in

relation of insured persons, and also same activity

insurer or his worker,

activity as an insurance agent, insurance broker.

2. The agent's quality of an insurance activity

to the right to the or

priors or insurer management

within two years prior to being declared bankrupt by the bankruptcy court, before

expiration of three years from underwriter recognition, and

persons holding positions in Insurer

children and dependent societies.

3. The insurance broker, the insurance broker is responsible for

default or improper performance of obligations

from their activities, including the disclosure of

details of the business secret of an insurer, personal

insured data, confidence, objectivity, and

Timeliness of and documents

confirming that they are authorized to do so.

Insurance agent, broker must

Preservation of Money for Premium premium

(insurance contributions) from insurators,

}

documents, provided by the insurer by the insurer,

provide insurance report on usage of insurance forms

policies, certificates, return unused, corrupted

insurance policies, certificates in order and on

covered by the contract between as an insurer and

insurance agent, an insurance broker, or in

Russian legislation.

Insurance agent, insurance broker is entitled to receive

insurers of the size of its charter capital, insurance

reserves, insurance license, reinsurance,

about life as an insurance subject, views

and the terms of the insurance being implemented.

4. Insurance agent, insurance broker can't indicate themselves in

Quality of Insurance by Insurance Contracts, to be concluded

in favor of third faces. insurer has to execute treaties

insurance on behalf of and (or) in the insurer

insurance agents, insurance brokers, regardless of

time to implement insurance policies and revenue insurer

insurance (insurance premiums), paid by

insurance agent, insurance broker.

Rewards to an insurer's insurance agent

insurance broker for mandatory insurance,

federal law on a specific type of compulsory insurance, not

may exceed ten percent of the premium.

5. The insurance agents are individuals, in the number

physical faces, registered in

Russian Order in

individual entrepreneurs, or legal

Civil-Legal

Insurer in matches  

authority granted to them.

agents

Insurer, including by carrying out audits of their activities and

and

use policies, certificates,

money

insurer and other authority.

Insurance agents must have activity

insurer, provided by 6 of the Law

supply its to the insured, to the insured

benefits, persons who have intent to contract

insurance, by their requirements, and undisclosed persons

names, , , and activities

including touchphones, operating mode, location (for

insurance agents-legal entities), list of services provided and

their cost, including the amount of their remuneration.

6. The insurance companies are legal

(business organizations) or permanently resident in

Russian Federation and registered in

Russian Order in

individual entrepreneurs individuals

Insurance

brokerages opinion

changing, termination of and insurance contracts

order for individuals or legal (insured)

his name, but at the expense of these or

other actions for conclusion, modification, termination and

Insurance (reinsurance) for

insured (reinsurance) or insurers

(reinsurers). Insurance broker with insurance broker

insurance broker service contract defines list

insurance services broker services, responsibilities,

contract execution order, action, service cost

(insurance broker compensation), mutual settlements,

including ordering and timing for insurer of money

insurance broker for insurance

(reinsurance) (if this activity is insured

A

broker).

If the insurance broker

activity for the insurer, it is required to notify of this

insurer and not to the right to receive

service per insurance contract and from from

insurer.

Insurance brokers right to run other related

By law

activity, for insurer

reinsurer, insurance agent.

Insurance broker is not entitled to render services

mandatory insurance.

Insurance brokers using money

insured (reinsurance) of the contract

insurance (reinsurance), will credit

special bank for the enumeration

insurer in terms not exceeding three working days. Insurance

brokers may not perform other operations on this account.

Insurance brokers using money

insured (reinsurance) of the contract

insurance (reinsurance) must have a performance guarantee

liabilities in the form of a bank guarantee in the amount not less than

millions of rubles or availability of own funds of no less than

three million roubles in cash.

7. Activities of foreign insurance brokers on the territory

Russian Federation is not allowed, except implementation

mediating quality of the broker

reinsurance and cases

Russian Federation.

8. The insurance broker must provide the insurer

requirement information about your name, location,

license to carry out activities in quality

insurance broker, list of services, underwriter, in

whose interests are insured, on-hand (with

shares) or no participation in of the insurer

(Insurers), and

Insurance

Results

objects, risks, tariffs and other

Insurance different

{ \cs6\f1\cf6\lang1024 } Insurance broker's proposal was formed with

the needs of the policyholder.

Insurance provides to the insurer

insured information about insurance risk, object, object

insurance, Other

information and documents related to and

insurance policy, performance of duties, in order and in

amount that is set by the Russian Federation's legislation

and the contract between the insurer and the insurance broker.

9. Supervision of insurance brokers is carried out

insurance supervisory authority in accordance with the requirements of this

Law, the part of

responsibilities, by the contract between and

An

insurance broker.

10. Insurance agents and insurance Brokers are required toexplain

insured persons, insured persons, beneficiaries, and

people who have the insurance contract

clauses contained in insurance rules

insurance. Insurance agents and insurance brokers- legal

faces the obligation to place the information required by paragraphs 5 and 8

true article, on in information-telecom

Internet.

11. Insurers maintain insurance and insurance premiums

brokers with which they have services

related to insurance. Information from the Insurance Agent Registry and

insurance brokers to identify an agent's insurance

or an insurance broker as a person with

services, related Insurance

(last name, first name, middle name (if any) or the name of the insurance

agent, insurance broker, or of the contract),

Internet Information and Telecommunications Network. Authority

registry and insurance broker registry and location

"Internet" can be passed by the insurer

insurers of which the insurer should report to in

Information and Telecommunications Internet

information about this aggregation of insurers.

(Article 8 in red. The Federal Act of 23 July N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

Article 8-1. Federal Act of 10 December 2003

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, st. 4858; lost by Federal Act of 23

July 2013 N 234-FZ - Collection

Federation, 2013, N 30, art. 4067)

Article 9: Insurance risk, insurance case

(name in red. Federal Act of 10 December 2003

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, article 4858)

1. The risk is the alleged event, in case

The

attack is insured.

An event that is considered an insurance risk

have probability and probability of occurrence.

2. The case is the event

provided by contract or by law, with

which is the reinsurance liability to make an insurance

payment to policyholder, insured person, beneficiary or

other third parties.

3. (Paragraph 3 is no more effective on the basis of the Federal of the law

December 10, 2003 N 172-FZ-Legislative Assembly of Russian

Federations, 2003, N 50, art. 4858)

Article 10: Insurance premium, insurance premium, franchise

(name in red. Federal Law of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

1. The amount of - money amount, that is defined in

order, set by by the law (or)

insurance against its conclusion and based on which

premium size (premiums) and insurance

the event of the event. Federal

Act of 23 July 2013 N 234-FZ - Law Collection

Russian Federation, 2013, N 30, est. 4067).

2. When the property insurance is implemented, the insured amount is not

may exceed its actual cost (insured value)

in insurance contract . Parties may not

challenge insurance property value, defined by contract

insurance, unless the insurer proves that it

was intentionally misled by the policyholder.

insurance insurance or

how it is determined by an insurer by agreement with

insurer in the insurance contract (under the insurance contract) Federal Act of the Russian Federation

23 July 2013 N 234-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, st. 4067).

3. The insurance is the sum of the money, that is defined in

order, set by by the law (or)

insurance, , and are paid by as insurer

insured person, the recipient of

insurance case (in Federal Law of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, article 4067).

Insurance payment insurance contracts

Currency Russian Federation for Cases

paragraph 4 of this article, currency

Russian legislation adopted in accordance with

regulatory legal acts of foreign exchange regulators

(Ind. Federal Act of 18 July 2005 N 90-FZ Assembly

Russian legislation, 2005, N 30, article 3101).

Insurers may not to reject

grounds, not provided by federal law or

insurance (paragraph introduced by Federal Act of 23 July 2013) N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, article 4067).

4. Property and (or)

liability within the insurance amount may be provided

replacement of the (insurance compensation)

property, of the same property lost in

damage to property, without loss, -Organization and

(or) payment by the insurer in for an insurance repair claim

damaged property (ed. Federal Act of 23 July 2013

g. N 234-FZ-Assembly of Russian legislation, 2013,

N 30, article 4067).

5. In the loss, of the propertyof the property

insured, beneficiary has the right to relinquer its rights

in favor of the insurer for the insurer

payments (insurance) in the amount of the full insured amount.

6. In the insurance of the insurer's payment

(insured value) is produced by the insured or entitled

to receive insurance (insurance amount)

insurance, regardless of from amounts, others

insurance, Social

Insurance, social security and damages.

In matches with the insurance agreement of the insurer to the account

insurance payout right to organize

medical and medical

services, provided to the insured person (ed.) Federal Law

dated July 23, 2013 N 234-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, st. 4067).

Insurer life insurance in addition to

insurance sum can pay investment revenue

insured or other person to whom the contract is signed

life insurance (under Ed. Federal Law of 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, article 4067).

Size of investment income to be distributed between

life insurance contracts of participation

insured or otherwise persons in

insurance of life, in investment insurer,

is defined by the insurer. Order of

methodology distribution of between life insurance contracts

The

is being established by the insurers ' association. Insured or Other

person for which life insurance contract has been concluded

ask for for explanation

{ \cs6\f1\cf6\lang1024

}Investment income to{ \cs6\f1\cf6\lang1024

}

The

Act of 23 July 2013 N 234-FZ - Legislation

Russian Federation, 2013, N 30, st. 4067).

7. of the life insurance contract

providing of the

person to a specific

age or time or of the event of another event, for the insured

returns amount to the limit

order of insurance reserve on day of termination of the insurance contract

(Sum amount).

8. and individual entrepreneurs are required

provide to insurers on their requests for documents and opinions,

related and required

repayments

of the Russian Federation.

9. Franchise-part of the loss, which is defined by

law and (or) insurance contract is not to be refunded

insurer or other other

insured in matches with the insurance contract terms, , and

fixed as percentage from insurance

or fixed size.

The franchise can

conditional (insurer is exempt from damages, if

size does not exceed the size of the franchise, but refunds it entirely

in if the size is larger than

unconditional ( insurance determining

difference

between the size of the loss and the size of the franchise).

insurance can be other species

franchise.

(Paragraph 9 by Federal Law from 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

(Article 10 to the red. Federal Act of 10 December 2003 N

172-FZ -Russian Law Assembly, 2003, N

50, article 4858)

Article 11. Premiers premium

and insurance fare

1. Premier (premiums) is paid

insured in Russian for with the exception

cases, provided by currency by Russian

Federations and their adopted legal

Acts of foreign exchange regulators (under the law). Federal Law

dated July 18, 2005 N 90-FZ-Legislative Assembly Russian

Federation, 2005, N 30, article 3101).

2. The premium

insurance sum based on Insurance Property and Nature

risk, and other insurance conditions, including availability

franchise and its size in terms of insurance.

Insurers are required to use (economically)

justified insurance tariffs,

matches the calculation of insurance rates.

Requirements for the calculation of insurance fares, including

structure and content, methods, and of insurance principles

(base rates and or

limit values for specified factors) by type of insurance,

insurance is established by the insurance supervisory authority.

Insurance rates (base tariff rates and coefficis to them

or limit values of these coefficies) by

insurance is calculated by insurers

statistics (including statistics)

collection, of and communities to be parsed

insurers) containing information about insurance cases, insurance

payments, insurance loss level no less than per

three reporting years, immediately preceding of the calculation

insurance

Insurance of life, and Five   

immediately preceding calculation date tariffs

life insurance.

Insurance on the voluntary

insurance is defined by agreement of the parties.

(Paragraph 2 to red The Federal Act of of July N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

(Article 11) Federal Act of 10 December 2003 N

172-FZ -Russian Law Assembly, 2003, N

50, article 4858)

Article 12: Sinsurance

1. Insurance - activity insurance,

in conclusion

multiple underwriters and insurance contract insurer,

risk, insurer size

insurance (insurance premium contribution)

The

insurers in such a contract as established by such a contract.

2. When an insurance event occurs under an insurance contract,

inmate under paragraph 1 of this article, insured,

insured persons, eligible to address

requirement for an insurance payment to any insurer specified by in

such a contract.

If in an insurance policy that is based on paragraph 1

true article, undefined rights of each from

insurers, they are associated with before insurers,

insured persons, for the implementation

insurance payout.

(Article 12 Ed. Federal Law of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

Article 13: Reinsurance

1. Reinsurance - coverage of one

insurer (reinsurance) Other

insurer (policyholder) associated with accepted last

insurance contract (master contract)

insurance payment.

Non-due in reinsurance and remaining

own risk investigator retention (risk) of insurance

payment or loss level or loss level

insurance is defined in order and (or) in size

set in the policy of of the reinsurance. Risk of the insurance

payout, greater than of the retention

reinsurance, to be transferred to reinsurance.

2. Reinsurance is implemented on the contract

reinsurance, concluded between and

reinsurance matches civilian requirements

Russian legislation.

In addition to the reinsurance agreement

between the insurer and the reinsurer of the agreement

reinsurance and

use custom themed business

{ turnover in the realm of reinsurance

} .

3. If reinsurance does not provide other

reinsurance (retroactive) is entitled to commit to

insurance payment ( obligation for the payment),

accepted reinsurance, to another reinsurance

or others (retrocessionaires)

contract, reinsurance contracts (retrocessions).

4. Reinsurance is implemented in form optional,

facing, optional-facing

facing-optional and in

is not proportional.

5. Under optional reinsurance, the reinsurance investigator

is entitled

pass to reinsurer reinsurance commitment to

insurance payment or part of obligation payment

imprisoned transsured insurance contract

reinsurer has the right to insure the specified obligation or

part of the specified obligation or refuse to reinsurance it.

6. The reinsurance of the reinsurance is required

delegate to reinsurance on prisoner conditions

with the insurance reinsurance contract

or part of an obligation to an insurance payment by of the

insurance, concluded by by the reinsurance

terms of the specified reinsurance contract, and such commitments

as reinsured by reinsurer since joining

force of the underlying insurance contract if

The

reinsurance contract is not intended to be different.

7. At , optional-facing reinsurance

policyholder is entitled to transfer to reinsurer in reinsurance

obligation on insurance or part of the obligation

insurance repaid by the reinsurance carrier

contract of insurance, and reinsurance company

The

specified commitment or part of the specified commitment.

8. reinsurance-optional reinsurance

reinsurance to transfer to reinsurer in reinsurance

s reinsurance

or part

insurance payout for insurance contracts, prisoners

policyholder and of the clause

reinsurance, and the reinsurer has the right to insure the

liabilities or part of specified commitments, or no in

reinsurance.

9. Non-proportional and proportional to

reinsurance defined by related

reinsurance.

10. The contract between the insurer and the reinsurer can

be reinsurance commitment

payment

insurer positive difference between and

reinsurer

reinsurance or a group of such contracts for a specific period

time (bonus).

11. Foreign and (or) reinsurance

organization, received in matches

law where they are established, right to implementation

reinsurance, rightreinsurance

Russian Insurers

imprisoned (parts of

liabilities).

12. Not reinsurance-Insurer for

life insurance contract

risk insurance of the insured

age or time, and the obligation of the contract

mandatory Civil owners

vehicles.

13. Insurers licensed for insurance

life, not to implement risk reinsurance

property insurance.

(Article 13 in . Federal Law of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

Article 14. Insurance Actors

1. coordination goals

activity, representing and protecting the shared interests of its members

can form unions, associations, and other joins.

2. The information about the insurance business association is to be reported

making

Copy

evidence of state registration of such associations and

constituent documents.

(Article 14 to the red. Federal Act of 10 December 2003 N

172-FZ-Russian Federation Law Collection-Federation, 2003, N

50, article 4858)

Article 14-1. Insurance (reinsurance) pools

1. Insurance (reinsurance) pool

Insurers

individual or risk insurance

treaty of the simple [ [ ]] [ [ partnership]]

activity).

2. The pools for financial

Resiliers

insurance benefits, can exceed

money (capital) of one organization, , and in

principles of insurance or reinsurance.

3. Reinsurance pools are created for the financial increase

pool members ' ability to implement reinsurance against in

parts that exceed the native retention of pool

insurance. Obligations by insurance < >

own funds (capital) of the members of an insurance pool, are passed

on behalf of the insurance pool in reinsurance.

4. reinsurance Members can

insurers licensed to implement reinsurance, in

The

number of foreign organizations. Quantity

participants in the insurance (reinsurance) pool are not restricted.

5. Participants in insurance (reinsurance) pool generate

common principles and coverage of insurance

(reinsurance) in pool, exchange information

insurance, reinsurance, insurance risk assessment

loss or damage determination, define pool controls and

(or) the pool leader, their authority, order in

other insurance (reinsurance) pools, output

members of an insurance (reinsurance) pool from

pool.

6. Information about the insurance pools to on the site

or

Internet Information and Telecommunications Network.

7. Federal laws specific species

insurance can be

insurance (reinsurance) activities.

(Article 14-1 was introduced by Federal Law of 10 December 2003.

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, st. 4858; to the red. Federal Act of 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

Chapter II (Articles 15 -24). (Deleted by Federal Law

December 31, 1997 N 157-FZ-Legislative Assembly of Russian

Federation, 1998, N 1, art. 4)

Chapter III: TO ENSURE FINANCIAL SUSTAINABILITY

AND INSURANCE PAYMENTS

(name in) The Federal Act of of July N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

Article 25. Conditions for financial sustainability

and Insurer

(name in red. Federal Law of 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

1. Financial Resiliances

solvency of the insurer is economically justified

insurance fares; insurance reserves; tools

insurance reserves, sufficient for on

insurance, composition, reinsurance, mutual insurance;

own (capital); reinsurance (in .

Federal Law of Nov. 29 2007 N 287-FZ-Assembly

Russian Federation Federation, 2007, N 49, st. 6048;

Federal Law July 2013 N 234-FZ -Collection

Russian Federation Federation, 2013, N 30, st. 4067;

Federal Law of Nov. 28 g. N 349-FZ-Assembly

Russian legislation, 2015, 6715).

(Paragraph is lost due to Federal

July 2013 N 234-FZ - Collection

Federation, 2013, N 30, art. 4067)

2. Insurers ' own funds (capital) (excluding

mutual insurance companies) include charter capital,

capital, extra capital, and undistributed profits.

Insurers should invest native

(capital) on terms of diversification, liquidity, return and

yields. Insurers does not have the right to invest native

funds (capital) in legal legal

give loans to for (capital) account

exceptions are the cases set by the insurance supervisory authority.

dependency of

insurers, insurance conditions, new

investment projects set to list for

investment of assets and investment order of your own

capital (capital) that provides for issuers of securities

papers and (or) securities issues in dependencies of assignments

rating, include in quotation lists by trade organizers

in securities market, asset structure in

allocating part of own funds (capital) of insurers (in

number of maximum allowed percentage

cost each of or of assets from to

own funds (capital) of an insurer or part thereof).

Investment of your own (capital)

Insurers on their own or by share in

trust management of the managing company.

(Item 2 in The Federal Act of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

3. Insurers (excluding mutual insurance companies)

must have the fully prepaid equity capital,

must be below by this Law

minimum authorized capital size (in the red area) Federal Law

of 29 November 2007 N 287-FZ - Legislation

Russian Federation, 2007, N 49, Art. 6048.

The minimum size of the insurer

only medical medical

set in the amount of 60 million rubles. Minimum size

Insurer's

capital

base of its charter capital, equal to 120 million

rubles, and the following coefficies (reed. Federal Law of 29

November 2010 N 313-FZ -Collection of Russian legislation

Federation, 2010, N 49, Art. 6409):

1-to implement objects

paragraphs 2-6 of Article 4 of this Law (ed. Federal Law

dated July 23, 2013 N 234-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, art. 4067);

1-to implement objects

2 and 3 of Article 4 of this Law (ed. Federal

Act of 23 July 2013 N 234-FZ - Law Collection

Russian Federation, 2013, N 30, art. 4067);

2-for for objects

article 4, paragraph 1, of this Law (ed.) Federal Act of the Russian Federation

23 July 2013 N 234-FZ- Assembly of the Russian

Federation, 2013, N 30, art. 4067);

2-for for objects

1 - 3 Article 4 of this Law (ed. Federal

Act of 23 July 2013 N 234-FZ - Law Collection

Russian Federation, 2013, N 30, art. 4067);

4-for reinsurance, and insurance in

combination with reinsurance.

Change the minimum size of the insurer's insurer

only federal by law more than once in two

A mandatory transition period.

Make the charter capital of the borrowed funds and located in

collateral is not allowed.

3-1. List of documents, confirmation of

requirements for

{ \cs6\f1\cf6\lang1024

} capital

insurer, is set by insurance supervision authority (para. 3-1

was introduced by the Federal Act of April 22, 2010. N 65-FZ-Assembly

Laws of the Russian Federation, 2010, No. 1988; to the red.

Federal Act of 30 November 2011 N 362 - Collection

Russian legislation, 2011, N 49, and sect. 7040).

4. Insurers are required to comply with the financial requirement

and on the ability to pay in the form of insurance

reserves, order and investing conditions

(capital) and funds of insurance reserves,

equity (capital) and commitments,

other requirements, set by by Law and Regulatory

Acts of the insurance supervisory authority.

Insurance group head insurance is also required

comply with the requirements of paragraph 1 of this

on a consolidated basis.

(Item 4. The Federal Act of of July N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

4-1. of the organization's Rule Order

ratio of equity (capital) and committed commitments

(in metrics for this

calculated) is set by the control control ( 4-1

introduced by the Federal Act of 23 July 2013. N 234-FZ-Assembly

Russian legislation, 2013, N 30, sect. 4067).

4-2. In the case of a violation of by the insurer's of the normative

ratio of equity (capital) and committed commitments

plan

Financial Location, Requirements

set by supervision ( 4-2

Federal Law of 23 July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, sect. 4067).

4-3. When calculating the native investment ratio

(capital) and commitments insurance organization right

take into account subordinated loans in size, not

one

(capital).

Subordinated

understand how to raise money's insurance funds

loan contract that contains the following conditions:

provisioning money

takes no less than five years without the right to demand

before the specified time expires;

interest limit on the amount of the loan, not

may exceed the contract's effective date

(loan contract) refinancing rate of the Bank of Russia, increased

1.2 times.

When determining the Normative Ratio

(capital) and accepted insurance liability not to the right

consider subordinated loans received from other insurance

organizations. This provision does not cover insurance

organizations that are children and societies

insurance organization.

Sum of subordinated loans, of insurance

child and dependent societies will be excluded

own equity ratio (capital) and

accepted of the organization's

subordinated loans.

(Paragraph 4-3 of the Federal Law of 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

5. ( 5 expired on the basis of the Federal Act)

23 July 2013 N 234-FZ- Assembly of the Russian

Federation, 2013, N 30, art. 4067)

(Article 25 in red. Federal Act of 10 December 2003 N

172-FZ-Russian Federation Law Collection-Federation, 2003, N

50, article 4858)

Article 26. Insurance reserves

1. For , by the By Insurance Property

insurance, reinsurance, insurance mutual insurance

for actuarial calculations determine the monetary value

form of insurance reserves (form insurance reserves) and

provides with their assets (insurance reserves). Tools

insurance reserves must be enough for

insurers ' implementation of upcoming insurance

insurance, insurance, reinsurance,

mutual insurance and other service actions

specified commitments (to the red. The federal law of Nov. 28

2015 N 349-FZ-Assembly of Russian Legislation,

2015, N 48, st. 6715).

2. The insurance reserves

insurers according to insurance rules

reserves, that is approved by and

set (to the red. Federal Act of 28 November 2015 N

349-FZ- Collection of Russian legislation, 2015,

48, Art. 6715:

1) reserves, and

formations;

2 or approaches

defining;

3) requirements for creating insurance reserves;

4) requirements for documents that contain information required

to calculate insurance reserves, and how long to keep such documents;

5)

{

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{

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provident;

6) the order of the supervision of the method of control

calculation of insurance reserves that differ from

rules for generating methods ( number

terms and conditions for such reconciliation, reasons for refusing

consistency).

3. The insurance reserves are used exclusively for

performance of the obligations specified in paragraph 1 of this Article (in

Federal Law of 28 November 2015 N 349-FZ-Assembly

Russian legislation, 2015, 6715).

4. Reserve money insurance reserves not to be exempt from budgets

The Russian Federation's

budget system Federal Law

from 28 November 2015 N 349-FZ - Legislation

Russian Federation, 2015, N 48, Art. 6715).

5. Insurer is obliged to invest and otherwise place

diversification

diversification

liquidity, return and in compliance

The

insurance authority of the supervision. Insurers to the right

invest reserves in

faces, individuals and issue loans for insurance

reserves, except as set out in paragraph 7 of this

articles and regulations of the insurance supervisory authority.

dependency of

Insurers, Insurance Conditions

new investment projects installs list of

to invest assets and how to invest

insurance reserves that provide requirements to issuers of securities

or dependencies

rating, include in quotation lists by trade organizers

in securities market, asset structure in

hosting the insurance reserves ( requests,

maximum allowedpercent of cost

every or Asset

reserves or individual types of insurance reserves).

6. The investment of insurance reserves is implemented

Insurers on their own or by share in

trust management of the managing company.

7. When you are implementing insurance of personal insurance objects,

Article 4 (1) of the Law, insurer

has the right to provide an insured person with a loan within

insurance of the reserve, of the insurance contract

A prisoner for a term not less than five years.

Order and of provisioning

set by contract, between by the insurer and

insurer.

(Article 26. Federal Act of 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

Article 26-1. Submitting Insurance Portfolio

1. Underwriter (excluding community of mutual insurance)

can pass, in cases

Russian Federation, is required to transfer obligations to treaties

insurance (portfolio) to one insurer or multiple

( Insurance Company

and

ability to pay based on newly committed liabilities and

licenses to implement insurance types by which is passed

insurance portfolio (replacement of insurer).

In Russian

Federation, transmission of portfolio to negotiate

The

security oversight body in the established order.

2. The transferred insurance portfolio is composed of:

1) obligations on insurance contracts,

generated insurance reserves;

2) assets taken to cover insurance

reserves.

3. Bases for portfolio transfer by the insurer

are:

1) feedback from the insurer for insurance

Activities by Insurance Supervision Authority;

2) Insurer of established requirements of financial

and capacity to pay, resulting

financial status, if of the portfolio

is a plan to restore an insurer's capacity to pay;

3) Accept by the reorg

liquidation;

4) Accept the voluntary rejection

or

Implementation

insurance;

5 insurer from insurers merged

Specific Cases

mandatory insurance;

6) other federal grounds.

4. Insurer, Transceiver Insurance Portfolio,

insurance portfolio, formed for the

submission of an insurance portfolio, in to given 2

true article, including the insurance contracts,

valid of the Transfer

portfolio and insurance contracts that have expired

Portfolio

}

obligations for which the insurer is not fully implemented,

along with requirement premiums (insurance

contributions) insurance contracts for the insurer,

receiving insurance portfolio. Single Contract Commitments

insurance can only be transferred to one insurer.

5. The cost of assets, of in of the insurance

portfolio, can be equal to formed insurance reserves

to be greater than formed insurance reserves (transfer of insurance

portfolio with mark-up) or less than formed insurance reserves

(transmission of the insurance portfolio with a discount).

An insurance portfolio transfer is not allowed, if

Amount of Markup (Exceed of the value of assets

over generated insurance reserves) is greater than minus between

the net and by the insurer's

transferring insurance portfolio.

The transfer of the insurance portfolio with a discount is not allowed, if

assets, in the of the portfolio,

makes less than half of the insurance reserves (for

exception to insolvency of (bankruptcy) of the insurer,

transferring insurance portfolio and other federal funds

laws of cases).

insufficiency of assets, in composition

insurance portfolio, missing assets can

compensated by union for for

federal laws.

Cost of assets transferred as part of the insurance portfolio

specified of cost The

independent market value adjuster.

6. Submitting the insurance portfolio to

Portfolio Transmission Between

insurer, transferring insurance portfolio, and underwriter

host insurance send act

insurance portfolio. Requirements for the contents of the contract and

The

act of receiving-transmission is established by the insurance supervisory authority.

7. The insurer, transferring the insurance portfolio, places

notification of intent to transfer insurance portfolio to its site

in Information-Telecommunications Internet

publishes this notification to in the body,

insurance supervisory authority, and two periodics,

print runs of which ten

instances and which are propagated throughout

The insurer's

activity . Notice of intent to pass

insurance portfolio is also subject to of the insurance

Internet Information and Telecommunications Network.

8. Notification of intention to transfer insurance portfolio must

Contain:

1) causes and transmission order of the insurance portfolio;

2) Name (trade name) and location

insurance receiving portfolio;

3) Insurer of

insurance portfolio, and financial position

insurer receiving insurance portfolio;

4) request for written consent to Replace

insurer or this replace with

representing such consent or rejection;

5) explain The

consequences of this failure.

9. Failure to replace with the insurer

termination of insurance contract and of the insured part

insurance premiums proportional to the time difference,

has an insurance agreement and a time period

was in effect, or payment of amount for insurance contract

life.

If you have five days from the posting date

insurer, transferring insurance portfolio

intention to transfer insurance portfolio against policyholder to

written form not to replace underwriter, insurance contract

is to be transferred as part of the insurance portfolio.

10. Insurer, transferring insurance portfolio:

1) creates a list of insurance contracts, obligations by

which is passed to another insurer;

2) promotes compliance checks

insurance, to which is transferred

insurer or other insurers, Russian legislation

;

3) determines reservations

insurance, to which is passed to the underwriter

receiving insurance portfolio, or in the case of of insurance

portfolio multiple insurers reserves

of every receiving of an insurance

portfolio;

4) defines the types and costs of assets to be transferred to

insurance portfolio composition;

5) performs the relationship with insurers,

insured persons, by declared

insurance cases, filed

insurance and non-replacement of underwriter, received before

transferring the insurance portfolio that was agreed by to the

portfolio transfer;

6) notifies of reinsurers

portfolio;

7 performs

from transmissions

The

insurance portfolio of an activity.

11. Insurer receiving insurance portfolio:

1) organizes insurancecompliance checks

commitments on which

Insurance portfolio, Russian legislation;

2) provides the insurer that passes the insurance to the portfolio

information about your activities and your financial position;

3 informs the reinsurance companies

reinsurance contracts, prisoners by the insurer,

insurance portfolio, and taking over

insurance contracts included in the transferred insurance portfolio;

4 performs other

from transmissions

The

insurance portfolio of an activity.

12. if insurance rule of the insurer,

Host insurance Portfolio, correspond to Rules

Insurance of the insurer of the insurer

insurer that has accepted an insurance portfolio, executes obligations

insurance contracts included in the insurance

portfolio, according to the conditions they have wrapped, , and

notified accordingly in of the insurance

oversight.

Insurer that has accepted the insurance portfolio, has the right to approve

improving the terms of insurance contracts with in

benefits, as well as beneficial beneficiaries and insured

and make appropriate insurance

The law of the Russian Federation is in the order of the Russian Federation.

sign of the Portfolio

insurer that has accepted the portfolio, has no right to contest

approved insurance portfolio, committed commitments, and

value of committed assets.

13. After signing the act of receiving-transmission of the insurance of the portfolio

message about the completion of of the insurer

information about the insurer, accepted the portfolio, , and dates

Insurance

included in the transferred insurance portfolio must be:

1) is available for three working days on the insurer's site

which transferred the insurance portfolio, and on the insurer's website

Insurance Portfolio, in Information and Telecommunications of the Network

Internet;

2) published 15 days

insurer who accepted the portfolio, in the body

specified

and Periodic

printed editions, each of which has a print run of at least

ten thousand instances, which are distributed in

the activity of the specified insurer.

14. From the day of the signing of the act of reception-transfer of insurance portfolio

to insurer receiving insurance portfolio, all rights

and responsibility for insurance contracts.

15. For the months

receipt-transfer of insurance portfolio insurer that received insurance

portfolio, required to cast the composition and structure of assets to

native (capital) and insurance funds

reserves, as required, installed

The law and regulations of the insurance supervisory authority.

16. The reinstalled

insurance transmissions

reinsurance portfolio.

(Article 26-1 was introduced by Federal Law of 23 July 2013. N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

Article 226-2. Accounting and storage of securities accepted for

Insurance reserves and private

The insurer's

(capital). Control

Insurer's assets

1. Securities for Insurance Provision

and equity (capital) of the insurer that implements

Activities by Insurance Types 2, 3 and 24

Paragraph 1 of Article 32-9 of this Law must be considered (or)

is stored in a specialized depot.

2. The insurer can

legal person who has a license implementation of the depositary

activity and

specialized of the investment of funds, trusts

Investment funds and non-state pension funds.

Specialized

isolating securities taken to cover insurance

and (capital) (capital) of the insurer, by

to open and maintain separate debit accounts.

3. Provision of securities storage and accounting services, which

and equity

(the capital) of the insurer, as well as daily monitoring

Insurers for Location of Reserve Premiers

and equity (capital), composition requirements, and structure

assets taken to cover insurance reserves and

money (capital) of underwriter, insurance rules

reserves and native (capital) of the insurer

provided by federal laws, different legal

acts of and by the regulatory supervision,

specialized by the

prisoner with underwriter and management company (if it

attracting by the insurer to provide accommodation services

insurance reserves and (or) equity(capital)

insurer)

Depot in matches and order of

set by by the insurance control. Custom

depot is required to implement control

approved

rules

control control

to cover insurance reserves, , and native funds

(capital) of underwriter, form used and order

the control of (in )

Federal Law of June 2015 N 210-FZ - Collection

Russian legislation, 2015, 4001).

Services of a custom depotat a time

only a legal

which have the appropriate licenses.

The

is responsible for before

insurer for improper

responsibilities in with Russian

Federation.

In case of damage to insured persons

default

control over compliance by the insurer and/or the controlling company

insurance composition and structure requirements

to cover insurance reserves and native (capital),

specialized depot is a shared responsibility with

insurer and (or) with the managing company of the insurer.

4. Information

specialized of the depot, o termination

compacts, and contributed

insurer for an insurance supervisory authority not exceeding three

workdays days

specialized depot,

changes to it.

5. Depot Service Contract

terminating:

1) by agreement of the parties

contract;

2) if the insurer has been revoked from

six

months since the recall;

3) specialized

depot since annulment

licenses;

4) custom

Specialized

}

depository;

5) one

of the contract from of the

contract;

6) when the contract expires.

6. Service

specialized of the depot immediately

insurer

to terminate the contract.

specialized depot last bound to pass to another

specific insurer, specialized depot valuable

papers adopted for and

funds (capital) insurer, documents, confirming

Property Insurer, and information about other Insurer's assets,

accepted and equity reserves

(capital) insurer, violations, s

specialized Depot and Filled by the insurer

(or) the management company of the insurer.

Ininsurer provides implementation continuity

specialized Depository of Control Functions

assets taken to cover insurance reserves and

funds (capital) of underwriter, installed requirements to the composition

and the structure of such assets.

one of the side of the   Services

specialized Depot must be

notified at least three months before

treaties, unless otherwise specified by federal law.

7. In connection with the implementation of its activities in

with this Law 'Specialist Depot' has the right to receive

from underwriter and its managing companies current and reliable

information about assets taken to cover the insurance reserves

and equity (capital) of the insurer.

8. The Specialized Depositary must:

1) perform daily monitoring of the composition and

asset structure to cover and

own funds (capital) of underwriter, requirements of present

Law, other regulatory legal acts and normative acts

insurance supervision;

2) implement of the insurer,

storing proof of an insurer's ownership

on property, for coverage of the reserves

own (capital) of the underwriter (if for

types of property by regulatory legal acts, normative acts

insurance supervision authority is not provided otherwise) and storage

information about other assets, for insurance coverage

reserves and equity (capital) of the insurer, in order,

set by insurance supervision authority;

3 control the value of the assets,

which is accepted to cover the insurance reserves and

(capital) of the insurer installed

insurance supervisory authority;

4) (Subparagraph 4 has ceased to be valid under the Federal Law

dated June 29, 2015 n 210-fZ-Assembly of Russian legislation

Federation, 2015, N 27, art. 4001)

5) notify of the insurer

management companies engaged by an insurer to provide services

to host and equity reserves

(capital) of underwriter identified during control

violations of this Law, other regulatory legal

acts and regulations of an insurance supervisory authority not later than three

work days in the day of their identification;

6) represent and the underwriter

reporting in and in dates, set by

insurance supervision;

7) ensure that their rights and responsibilities are transferred

assets taken to cover insurance reserves and

(capital) of underwriter, custom

or of the termination

custom

order and time specified by the contract;

8) specialized

Depot with

Other

exception of the activity and of the credit activity

organization taking into account the requirements of paragraph 9 of this Article;

9 preventing conflict

interests in its affiliation with

The

insurer to which it provides services;

10) not in the (members) of the organization,

registered in or in territories where is not

drill down and provisioning information

finance operations;

11) submit documents to the audit commission of the insurer

required for its activities

12) expose information about and to

shareholders (members) in order and in time frames

insurance supervisory authority;

13 use Insurer

management companies,

electronic signature digitally signed;

14) comply with other requirements, provided by

Law, other regulations and normative acts

The

insurance supervisory authority.

9. Specialist depositaries are not

the function of the settlement depository in the securities market.

If custom is

organization, it is required to comply with the requirements of

and activities

specialized Depot fixed by by insurance

oversight.

(Article 26-2 was introduced by Federal Law of 23 July 2013. N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

Article 27. (Uspent force on the basis of the Federal Act

December 10, 2003 N 172-FZ-Legislative Assembly of Russian

Federations, 2003, N 50, art. 4858)

Article 28. Accounting and reporting

1. Insurers maintain accounting,

Accounting (Financial) Reporting, Statistical Reporting, and

also other reporting required to control and

oversight in the activity (

surveillance order).

2.

information:

1) Normative The ratio of (capital)

insurer and committed obligations

2) and

results of their changes;

3) composition and structure of assets that have their own

capital of the insurer;

4) composition and structure of assets, in which is placed

provident insurance provident;

5 reinsurance operations

reinsurance and reinsurers;

6) Insurer Financial Result Structure

for individual types of insurance;

7 (participants) and in in

insurer capital;

8) other information, legal legal

Acts of the insurance supervisory authority.

3. Accounting requirements for insurance,

insurance, reinsurance and insurance (including

specifics of how the accounting plan is applied, and

Features of Information Formation in Information

(financial) insurance reporting, in number forms

accounting (financial) accounts, installed by federal states

and (or) industry standards, in order,

Installed Federal Act of 6 December 2011 N 402-FZ

"About accounting" (under Ed. Federal Act of 23 July 2013

g. N 234-FZ-Assembly of Russian legislation, 2013,

N 30, article 4067).

4. statistical

control in and in order,

set by supervision, and this

reporting to the insurance supervision body (to the red. Federal Law

dated July 23, 2013 N 234-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, st. 4067).

Insurers make accounting (financial) reporting in

with Russian

Accounting, Federal and/or Industry Standards and

represent this reporting to an insurance oversight body in the order of and

The

in times, that is set by such a body (ed.). Federal

Act of 23 July 2013 N 234-FZ - Law Collection

Russian Federation, 2013, N 30, est. 4067).

Insurance Brokers statistical

forms and in the order of the insurance supervision authority

and represent this reporting to the insurance (in ed.

Federal Law July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, sect. 4067).

Conditions and insurers

insurance brokers in documents, checklist

ratios of its metrics are set and reported to

insurers and insurance brokers of control

later of the last day of the reporting period

placing specified information on the official site of this body in

Internet Information and Telecommunications Network.

4-1. The insurance company's head insurance is required

represent in

supervision on a consolidated basis on forms, in order and time,

By the Supervision Authority (Item 4-1

Federal Law of 23 July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, sect. 4067).

5. The control controls on its official

site in the Internet Information and Telecommunications Network

information, contained in the reporting entities of the insurance case (in

The Federal Act of 23 July 2013 N 234-FZ-Assembly

Russian legislation, 2013, N 30, sect. 4067).

6. Accounting for Insurance of Personal Insurance Objects

Article 4, paragraph 1, of this Law (operations

life insurance), and accounting for other objects

insurance (insurance operations other than life insurance)

The

are kept separate. Federal Law of 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, article 4067).

(Article 28. Federal Act of 30 November 2011 N

362-FZ-Legislative Assembly of the Russian Federation Federation, 2011, N

49, art. 7040)

Article 28-1: Internal control

1. Insurer is required to organize Internal

monitoring to achieve the following goals:

1) Efficiency and (in number

Break Even Financial-Economic Insurer

when performing insurance and other operations;

2) effective asset management, including

security, native (capital), insurance

reserves and other liabilities of the insurer;

3 Insurer Insurer (detection,

risk assessment, determining the acceptable level of risks, accepted

insurer, adoption of risk-level measures, not

threatening financial and to pay

insurance);

4) confidence, completeness, objectivity

(financial) reporting, statistical reporting, in

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{ \b

reporting;

5) compliance by employees of the ethics

principles of professionalism and competence;

6. Counter-legalization (laundering) of proceeds

criminal path, and terror financing in

Russian legislation.

2. Internal control in with authority

certain documents of the and internal

organizational-status of the insurer

ut:

1) Insurer Administration;

2) The Audit Commission (auditor) of the insurer;

3) the primary accountant of the insurer (his deputies);

4) Internal Auditor (Internal Audit Service) of Insurer;

5) Special person, organizational unit,

responsible for compliance internal control

implementing implementation, in

with Russian

countering

(laundering) revenues

criminal ways and terrorism financing;

6) Actuary;

7) Other Labor and Insurer Structure in

with with Internal

Insurer'sorganizational and organizational documents.

(Article 28-1 was introduced by Federal Law of 23 July 2013. N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

Article 28-2. Internal Audit

1. The goal of for the level of reliability

internal controls, and tests

Matching insurer's activity Russian

Federation (including insurance legislation), rules and

Standards of Associations of Insurers, By Internal

organizational-status documents will

organize

internal audit, appoints (remainder

internal auditor) or creates organizational unit (hereinafter-

internal audit service).

2. Insurer

approves the organization's internal

audit (hereinafter referred to internal audit)

Contain:

1) internal audit objectives and tasks;

2 audit Models

risk management of an insurer;

3) internal audit forms and methods;

4) Internal Auditor's behavior, Internal

audit

insurance;

5) reporting of results of checks, forms

and the order of its presentation;

6 control order ( to perform

rechecks

internal auditor, internal audit

Insurer Performance;

7)

{

}

{

}

{

}

{

} (

organization, members everyone

Violations by the Insurer

taking decisions on issues related to common

Shareholders Meeting (Contribus)

general meeting of mutual insurance members;

8) authority, authority for the Internal Auditor's

internal audit services;

9) the form and

risk management effectiveness;

10 evaluation

effectiveness of operations performed, transactions;

11 form and security

asset security;

12) shape and order of participation in financial

insurance status;

13

Federation of Location.

3. The internal audit approves

directors (supervisory board) or

it does not have a general meeting (participants) insurance

organization, the general meeting of the members of the mutual insurance company.

4. Internal Auditor, Internal Audit Manager

are assigned to a position and are exempt from office for

board

organization, mutual insurance management, subservies and

reports to (tip board

organization, general meeting of members of the mutual insurance company

or

(tip

insurance organization is assigned to the position and from

Shareholders Meeting

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} Insurance{ \cs6\f1\cf6\lang1024

}

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}

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}

Meeting of the shareholders (participants) of the insurance organization.

5. For the person assigned to the Internal position of the auditor

internal audit service manager, -not

is allowed.

Internal Auditor, Internal audit

can be included in the insurance commission of the insurer.

Internal auditor, and Services

internal audit, formerly occupied positions in other structural

insurer can participate in checking

{ \cs6\f1\cf6\lang1024}Twelve

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}

months since the end of these organizational units.

6. Internal Auditor, Internal Audit Service

authority:

1) check and provide performance

Insurer internal control system;

2 check insurer

Russian Federation Federation and standards

insurers ' associations, documents of and internal

insurer documents;

3) check for the Internal

tracking and implementing programs, designed

in with Russian Federation

countering

(laundering) revenues

criminal ways and terrorism financing;

4) Check for authenticity, completeness, and objectivity

or otherwise requested and timeliness

views by structural subdivisions of underwriter (including

distinct units) in underwriter

and

shareholders (members);

5) perform results

{ \b}{ \b}{ \b}

6 gives warnings

drawbacks, similar results

violations and shortcomings in the activity of the insurer;

7 Assess risks and performance evaluation

risk management

8) implement and efficiency

committed transactions, transactions;

9) perform asset security check;

10) accept in for the analysis of the

financial

Insurer State and Development of Inventory Warning

bankruptcy;

11) agree on Reports in Intermediate,

every event, of the plan

recoverability of the insurer's ability to pay;

12 performs validation, completeness,

objectivity of of the supervision,

federal executive reporting, information,

including plan for the insurer

reports, in numbers of

activity, of the recovery plan

solvency of insurer, and control timeliness

such a view.

7. Internal auditor, internal audit right:

1 perform all activities

insurer, including branch offices, missions, other

organizational units, of any

structure

underwriter and/or insurer employee;

2 get from

insurer documents, and

required to exercise authority

3) have access to all documents, materials, and information in

including information computer files, with no right to make in

changes.

8. Internal auditor, internal audit service:

1) ensure and return from

structural organizational units of documents, and

information;

2) honor information

exercising your authority;

3) inform all results

and Insurer Activities

single-person of the insurer, peer

executive insurer of structural

part of of the insurer in that has matching

violations and disadvantages;

4) implement control to

detected and Recommended Recommended

internal auditor, internal audit

to prevent similar infractions and defects in

The

insurer.

9. internal auditor

internal audit service accounts quarterly reports that

are represented in the insurer's control, and annual reports

which annual Shareholders Meeting

organization's members

insurance. results

reviews

and

their effects must contain progress information

Resolve any previously identified violations and deficiencies.

In

Management

questions, attributed to the Shareholders Meeting

organization's organization, internal auditor,

internal audit notifies in written

form of shareholders (members) of an insurance organization that has more

one percent of shares (equity participation in insurance capital

organization), no later than fifteen days

detection of such violations.

10. At the request of the body of the supervision of the insurer is required

report internal auditor, internal audit services

within the time limit set by this query.

(Article 28-2 was introduced by Federal Law of 23 July 2013. N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

Article 29. Mandatory audit and publication of annual

accounting (financial) reporting

insurer

1. Annual Accounting (Financial) Insurer Reports

is subject to mandatory audit.

2. Audit opinion on annual accounting (financial)

insurer must contain

insurer requirements

solvency, of this Law and Regulatory

acts of of an insurance oversight body, and the effectiveness of the organization

Insurer's control Federal

of 4 November 2014 N 344-FZ-Legislative Assembly

Russian Federation, 2014, N 45, Art. 6154).

3. control

conclusion from paragraph 2 of this article, together with an annual

accounting (financial) reporting.

4. Annual Accounting (Financial) Insurer Reports

Mandatory 1 July of the year

next in reporting, along with the conclusion listed in 2

true article.

5. Annual Accounting (Financial) Insurer Reports

is considered published if it is placed on official

Insurer in Information-Telecommunications Internet

or published in mass information, for

stakeholders in this reporting.

6. About Publish Annual Accountancy

(Financial) Insurer Report by Insurer to Body

insurance coverage in the order established by such authority.

7. Audit opinion on annual accounting (financial)

reporting of the insurer, fulfillment by the requirement

financial stability and to pay

Internal Insurer

publication along with this reporting (to the red. Federal Law

dated November 4, 2014. N 344-FZ-Legislative Assembly of the Russian Federation

Federation, 2014, N 45, article 6154).

(Article 29. Federal Act of 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

Chapter IV: SURVEILLANCE OF SURVEILLANCE

INSURFILES

(name in) Federal Act of 10 December 2003 N

172-FZ -Russian Law Assembly, 2003, N

50, st. 4858; of the Federal Act of 23 July 2013. N 234-FZ-

The legislation of the Russian Federation, 2013, N 30, st.

4067)

Article 30. Oversight of Actors

insurance business

(name in red. Federal Law of 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

1. Supervision of the activity of the insurance company (hereinafter:

insurance supervision) to comply with insurance

legislation, preventing and responding to violations by participants

relationships, regulated by the law, of the insurance

legislation, rights protection and legitimate

insured, other stakeholders

effective development of an insurance business Federal Law

dated July 23, 2013 N 234-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, st. 4067).

2. The insurance control is based on the rule of law,

transparency and organizational unity.

3. The insurance control is executed by the Bank of Russia (in ).

Federal Law of 23 July d N 234-FZ -Collection

Russian legislation, 2013, N 30, sect. 4067).

An insurance control publishes to

print (or) places on its official site in

Information and Telecommunications Internet

Federal Law of March 2005 N 12-FZ - Collection

Russian Federation Federation, 2005, N 10, st. 760;

Federal Law July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, art. 4067:

1) the questions, of the authority

insurance coverage (ed.) Federal Act of 7 March 2005 N

12-FZ-Russian Federation Law Assembly, 2005, N 10,

760);

2 information from from the Subjects of the State

Insurance case, of the Insurance Association Registry (in

The Federal Act of March 7, 2005 N 12-FZ-Assembly

Laws of the Russian Federation, 2005, N 10, article 760;

3) a restriction, suspension, or a reactivation

license activity for an insurance activity (in

Federal Law of March 2005 N 12-FZ - Collection

Laws of the Russian Federation, 2005, N 10, article 760;

4 license revocation to implement

activity (to the red. Federal Act of 7 March 2005 N 12-FZ

-Russian Law Assembly, 2005, N 10, st.

760);

5) Other control

control

insurance activity (in Ed. Federal

of March 7 2005 N 12-FZ-Legislative Assembly

Russian Federation, 2005, N 10, Art. 760);

6) laws acts, adopted by by the insurance authority in

compliance with this Law and other federal laws (in

The Federal Act of March 7, 2005 N 12-FZ-Assembly

Russian Federation Federation, 2005, N 10, st. 760;

Federal Law July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, sect. 4067).

4. The insurance supervision includes:

1

Case

Maintaining a Single State Register of Insurance Actors,

Registry of Insurance Actors ' Associations (Ins. Federal

Act of 23 July 2013 N 234-FZ - Law Collection

Russian Federation, 2013, N 30, art. 4067);

2) enforcing insurance legislation,

number by in the field of identity checks

insurance, and the reliability of their reporting, a

also Insurers for Their Financial Stability

solvency;

3) days

sizes

capital Foreign

investors, for transactions with foreign investors

by alienation ( shares in shares of the insurance

organizations, to open foreign insurance offices

reinsurance, brokerers and other organizations that

Insurance, and branch opening

Insurers with Foreign Investment;

4) (Subparagraph 4 was lost on the basis of Federal

from March 7, 2005 N 12-FZ-Legislative Assembly of Russian

Federation, 2005, N 10, Art. 760

5) (Subparagraph 5 is no more effective under Federal Law

dated March 7, 2005 N 12-FZ-Legislative Assembly Russian

Federation, 2005, N 10, Art. 760

6) decide to assign administration time to

suspensions and limiting executive authority

insurance in cases and order, installed

The insolvency (bankruptcy) law (subparagraph 6

)

was introduced by the Federal Act of April 22, 2010. N 65-FZ-Assembly

Laws of the Russian Federation, 2010, No. 1988).

5. Insurance entities must:

1) comply with insurance legislation requirements

2) report your activities,

information about financial location, and

information according to Russian Federation Law,

including insolvency (bankruptcy) laws;

3 control

eliminating insurance law violations and

and Documents

confirming compliance with these requirements

4)

and documents

necessary for insurance supervision, in

its financial position;

5) submit copies of positions to the insurance supervision authority

branches and offices outside locations

insurance subject, indicating their addresses (locations),

a copies of documents

executives

6) provide an insurance

electronic documents, and the ability to get from

electronic document insurance body, including

personal office of the official control site

Internet Information and Telecommunications Network

Fed by Law of 10 July 2002 N 86-FZ " O Central

Russian Federation (Bank of Russia) " (6 )

Fed by Law 13 July 2015 N 231-FZ -Collection

Russian Federation Federation, 2015, N 29, st. 4357,

takes effect from February 9, 2016.

(Item 5 in . The Federal Act of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

5-1. goals for the [ [ risk]]

insolvency of Insurance Insurance Property

performs

activity of an insurance case with financial

measures (coefficies) of financial position

business entities and their resilience to internal and external

risk factors.

Monitoring businesses

principles

independence, objectivity, application of single rules

Del, complexity requirements

Speed and reasonableness of the evaluation of their activities.

(Item 5-1 was introduced by the Federal Act of July 23, 2013). N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

6. control's control requests

sent to the case by mail,

fax or service to or

electronic documents, signed enhanced documents

electronic signature, in order, by the insurance body

oversight. In the direction of the requirements and requests of the insurance body

supervision of the Insurance Actors in

and requests are considered as received after

one workday from to destination in order

set by the insurance supervision authority, provided that the body

insurance supervision received Receipt

and requests in due order (para. 6

Federal Law of 13 July 2015 N 231-FZ -Collection

Russian Federation Federation, 2015, N 29, st. 4357,

takes effect from February 9, 2016.

(Article 30. Federal Act of 10 December 2003 N

172-FZ-Russian Federation Law Collection-Federation, 2003, N

50, article 4858)

Article 31. Truncation of Monopolistic Activity and

unfair competition on the insurance market

Warning, restriction , and suppressionmonopolistic

Activity and Unfair Competition on the market

is enforced by the Federal Anti-Monopoly Body in accordance with

antitrust Russian Federation (in Ed.

Federal Act of 10 December 2003 N 172-FZ -Collection

Russian legislation, 2003, N 50, article (4858).

Article 32. Subjects Activity Licensing

insurance business

1. insurance license insurance, reinsurance,

mutual insurance, activity in

insurance broker (hereinafter license)-special permission

authority to carry out insurance activity provided by a body

Insurance supervision of the subject of the insurance business.

2. License issued:

1) of an insurance organization for implementation:

voluntary life insurance;

voluntary

insurance, for exceptions

voluntary life insurance;

voluntary property insurance;

The insurance type of which is provided

federal for a specific type of compulsory insurance (in

Federal Act of 21 July 2014. N 223-FZ -

Russian legislation, 2014, N 30, article 4224;

reinsurance if

reinsurance

provident benefits;

2) reinsurance

reinsurance;

3) mutual insurance company mutual insurance

insurance in the form of voluntary insurance, and in cases where

compliance with federal law for a specific type required

insurance has right mandatory

insurance, in the form of compulsory insurance;

4) insurance broker

activity as an insurance broker.

3. To obtain a license applicant for a license to implement

insurance, reinsurance represents of the insurance

supervision:

1) the license application;

2) license applicant's founding documents;

3) Document on State Registration of the Licenses

as Legal Person;

4) Minutes of the Meeting of the Founding Sponsors of the Constituent Assembly

and

single-executive, manager

collegiating executive body of the license;

5) information about the composition of shareholders (participants);

6 documents, of the capital in

full size

7) Documents about the legal legal

s subject of the case, an audit

conclusion about the reliability of their accounting (financial) reporting

last reporting period if

mandatory audit;

8) Information about the Single Executive Body, Manager

collegiation executive of the branch

accountant's

Matching and other requirements,

Installed by this Law,

Audit Commission (s) of the license applicant;

9) actuary information;

10) documents (according to the list, installed

acts Supervision) sources

origin of money, submitted by of the applicant

licenses by natural persons to the authorized capital;

11) Internal auditor Internal

internal audit of the license applicant with documents

confirming their compliance with qualification and other requirements

set by this Law;

12) internal audit location

13) Documents that confirm the compliance of the license crawler

Requirements in the Russian Federation

state secret (if this requirement is installed

law);

14) Other documents, confirsation match of the applicant

requirements, federal requirements

specific insurance views ( cases,

federal laws contain requests for

insurers).

4. Licenses licenses, registered in

state registry of the case, should not

submit documents to an insurance oversight body that

in paragraphs 2-9 of paragraph 3 of this Article and of the

insurance supervision if no changes were made to them.

5. For , [ [ ]] of [ [ license]]

insurance applicant (non-commercial organization)

represents the insurance supervision authority:

1) the license application;

2) Tired of mutual insurance;

3 Mutualpublic registration document

insurance as a legal entity;

4 Information about The CEO, Principal

accountant with documents, compliance

specified faces and different requirements

true Law, chairperson's audit

(auditor), internal auditor of the mutual insurance company;

5) Information about Legal Persons- By Mutual

insurance with property interests, for protection goals

which create a mutual insurance company;

6 internal audit location;

7) Actuaries.

6. for to implement mediation

activities in quality of the broker of the license

represents the insurance supervision authority:

1) the license application;

2) Document for State Registration of a License

as legal entity or individual entreprene;

3) license applicant- legal

;

4 information about the master of the insurance account

legal person or about insurance broker

individual entrepreneer with

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requirements set by this Law;

5) bank guarantee or documents, confirmation

own and guaranteeing obligations

insurance broker according to paragraph 6 of Article 6

8 of this Law.

7. Documents referred to in sub-paragraphs 2, 3, 6, 7, subparagraphs 8

and 11 (part of education documents), paragraphs 3, 2, 3,

4 (in about )

Subparagraphs 2, 3, Subparagraph 4 (Part of Documents

6 of this article,

witnessed in the notarial order.

If the documents in 3, 7

3, paragraph 5, paragraph 5, paragraph 6 (2) of this Article, not

represented by a license applicant,

oversight of the federal executive authority

state registration legal and individual

entrepreneurs, provides information confirming fact

making or 's Legal

business to the appropriate state registry.

Requirements for a license application,

information and documents referred to in paragraphs 5, 8, 9 and 11 of

3, 4 and 7 of paragraph 5, 4 6 of this

articles, including form templates, set by

insurance supervision.

8. Software crawlers children by

relation to foreign (major organizations) or

foreign investors in of the share of

more than 49% in addition to the documents referred to in paragraph 3

real articles, in order, installed

laws of the country of the place of foreign investors

consent in writing to the appropriate control

insurance activity in participation

foreign investors in insurance capital organizations

created in the territory of the Russian Federation, or notify body

insurance no requirement for for this

consent in the country of the establishment of foreign investors.

9.

licenses for for licenses

are exclusive, unless federal

laws on specific types of compulsory insurance are provided

additional requirements to insurers. In goals

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their expertise) information about documents

license applicant in compliance with Russian legislation

Federation.

10. of the declaration

licenses and other documents requirements,

real articles, , and (or) the view of the [ [ license]]

documents that and must

attached to application, not fully insured supervision authority

within three working days of directs

license applicant in written notification of need

elimination in 30-day (or)

The full crawl of the document license.

failure to submit a license

thirty-day duration in the appropriate form

granting the license and (or) fully qualified

documents previously submitted for license

The

and its accompanying documents are returned to the license applicant.

The view of all documents

specified in this article, an insurance control in

three working days since the day they are presented to the

review or if non-conformation to the

Article about returning documents with motivated reason

return.

The control's control

license or

Total revenue to the Insurance Property Control Authority

corresponding requirements of

appropriate form.

documents to be eligible for license to be sent to insurance authority

oversight in documents, signed enhanced

A qualified electronic signature.

11. Changes made to documents based on

to obtain a license under Sub-paragraphs 2, 3, 5, 6, 7

(part of state registration documents), subparas 8,

9, 11-14 point 3, 2-7 point 5, sub-paragraphs 2-5

point 6 of this article, insurers and insurance brokers are required

report in writing to

can present documents that confirm these changes

within thirty days of these changes.

12. Accept the license or refusal of extradition

licenses executed by the duration,

days The day

insurance of all documents for

An

article to obtain a license for the license applicant.

An insurance supervision authority is required to inform the license applicant

making the specified decision within five working days since

commit.

13. Documents submitted by the case in

The

insurance supervisory authority should be written in Russian.

14. License for the insurance activity

contain the following information:

1) the name of the insurance authority that issued the license;

2) Name (company name) of the person of the insurance

case-legal person;

3) last name, name, of the Subject of the case

individual entrepreneentreprene;

4) where and the address of the address

case-legal person or place and address

business subject is an individual entrepreneentreprene;

5) Main State Registration Number

person or individual entreprene;

6) taxpayer identification number;

7 activity in (insurance,

reinsurance, mutual insurance, mediation

as insurance broker);

8 activity, by the organization

(voluntary life insurance, voluntary personal insurance,

except voluntary life insurance, voluntary

property insurance or Mandatory

Insurance in accordance with the Federal Law on a Specific View

insurance) (to the red. The Federal Act of July 2014 N

223-FZ -Collection of Russian legislation, 2014, N

30, article 4224);

9 and insurance forms by the Society

mutual insurance by statute;

10) number and date of acceptance by the insurance supervisory authority of the decision on

issuance, redesign, and replacement of the license form;

11) Registration State

insurance principal registry;

12) the license number and the date of the license.

15. The form of the license form is an insurance

oversight.

16. The performance of the activity

signed by the or

mandated and ]

insurance supervision.

17. If you change the details of in 2-9

paragraph 14 of this article, license on insurance

activities to be reprocessed

days since the insurance statement

redecorating the license and documents that confirm the of these

changes.

18. Subject of the insured event in the event of loss or damage to a licence

has the duplicate

working days since written to an insurance agency

oversight with reasons for loss or damage.

Duplicate licenses are issued "Duplicate". Duplicate

licenses are issued in two instances, one of which is

insurance subject, and second is stored in of the insurance

oversight.

(Article 32 Ed. Federal Law of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

Article 32-1. Qualification and other requirements

1. Managers ( the person who performs the function

single executive body, peer

executive subject of the business case

and the subject of the case

business should have higher education, confirmed

recognized in Russian of the top

education, , and work experience as head of division

insurance subject, other financial organization, at least two

years (in The Federal Act of 23 July 2013 N 234-FZ-

Russian legislation collection, 2013, N 30, st.

4067).

1-1. (Paragraph 1-1 introduced by Federal Law of 30 October 2009

g. N 243-FZ-Legislative Assembly of the Russian Federation, 2009,

N 44, article 5172; ceased to be in force under the Federal Act of 23

July 2013 N 234-FZ - Collection

Federation, 2013, N 30, art. 4067)

2. The master is an insurance, reinsurance organization

must meet requirements, Federal

Law of 6 December 2011 N 402-FZ "About Accounting", and

have seniority in in the insurance, reinsurance

organization of at least two years from the last five years preceding

appointment to the specified position.

education confirmed in of the Russian Federation

higher education document, and in

of the case activities

implementing of accounting and (or) financial

activity for at least two years.

The Chief Accountant for the Mutual Insurance Society must

higher education, acknowledged in Russian

Federation education, , and work experience

economic specialization or on , Knowledge

accounting

reinsurance organization, Insurance Mutual

(or) organization of the broker, registered on

territory of the Russian Federation.

(Item 2 in The Federal Act of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

2-1. (Paragraph 2-1 was introduced by Federal Law of 30 October 2009

g. N 243-FZ-Legislative Assembly of the Russian Federation, 2009,

N 44, st. 5172; loss of force under federal law of 23

July 2013 N 234-FZ - Collection

Federation, 2013, N 30, art. 4067)

3. (Paragraph 3 is no more effective under the Federal Act of 7.

March 2005 N 12-FZ - Collection Russian

Federation, 2005, N 10, Art. 760

3-1. Internal auditor, Internal

audit must have economic, financial or

legal education, acknowledged in Russian

Federation Economics, , or

legal education, and professional experience of at least

two years in insurer, reinsurance, other or

audit organization, registered in

Russian Federation public

financial control of the Russian Federation.

If has

education, need to confirm passing

professional retraining in economics, finance or

right by introducing the document

professional re-training, have seniority

work in of the insurer of the case, activity

which is related to accounting, financial

activity or with legal issues, not less than three years.

(Paragraph 3-1 was introduced by Federal Law No. 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

4. internal auditor

internal audit cannot be assigned to a person who:

1 performs functions of a single executive

Chief Accountant of the Insurer or a Membership of the Insurer

executive of the

previous appointment auditor internal

internal audit manager;

2) is a shareholder (participant) of the insurer;

3) is a close relationship or property (parents, of the spouse,

children, brothers, sisters, brothers, sisters, parents and children

spouses) with the insurer (s), or with

which is the sole executive body of the insurer or

part of (tip board

insurer executive body, or with master

The

accountant of the insurer.

(Item 4 in . The Federal Act of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, Art. 4067)

5. The actuary must meet the requirements, installed

Federal Actuarial activities in

Federations (to the red. Federal Act of 23 July 2013 N 234-FZ-

The legislation of the Russian Federation, 2013, N 30, st.

4067).

6. Persons referred to in paragraphs 1, 2, 3 to 1 of this article, and

also members of the board ( board), members

collegie of an insurer's

legal entity cannot be a legal person. Federal Act of

23 July 2013 N 234-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, art. 4067:

1) persons who have the function alone

financial organization's executive body in committing

these violations for which they have revoked

(revoked)

activity, or violations, has been suspended

the specified licenses and the specified licenses were revoked

(withdrawn) due to non-elimination of these violations, from days

such revocation has been less than three years. this

financial organization for for the of the Act

professional market participant securities, clearing

organization, management company of the investment of the mutual fund

investment fund fund

specialized investment fund, folder

investment fund fund

stock investment fund, credit organization, insurance

organization, non-state pension fund, organizer

trading;

2) persons who have not expired during

they are considered to be punished by

disqualification;

3) persons who have or uncollected

crimes in the Economic Activity

or of the crime

Against State authority.

(Item 6 was introduced by the Federal by Law June 28, 2013. N

134-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

26, art. 3207)

7. Current board member (supervisory board)

under the circumstances of items 1 to 3

6 of this article, is considered to be emitted from to in

corresponding of the decision of the authorized body or the court (para. 7)

was introduced by the Federal Act of June 28, 2013. N 134- Collection

Russian legislation, 2013, N 26, st. 3207).

8. Physical person who has or uncollected

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economic activity

or

crime against state authority, to the right or

indirectly (

with others

trust Property, , and (or) of the simple

partnerships, and (or) assignments, and (or) stock agreement, and

(or) other convention whose object is implementation

rights, certified by (shares) of the organization,

receive and more votes

voting shares (shares), parts of the charter

capital of the organization's insurance

(Paragraph 8 is introduced by Federal Law

dated June 28, 2013 N 134-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 26, st. 3207).

9. A person who is directly or indirectly (through the control of

person) or others associated with

property trusts, and (or) simple

partnerships, and (or) assignments, and (or) stock agreement, and

(or) other convention whose object is implementation

rights, certified by (shares) of the organization,

received permission and more than %

voting shares (shares), parts of the charter

capital of insurance organization, must send notification

insurance and in of the Insurance Supervision Authority in order and

deadlines, that are set by the legal legal acts

insurance supervision (Paragraph 9 introduced by Federal Act of 28 June

2013 N 134-FZ-Assembly of Russian legislation,

2013, N 26, article 3207).

10. The control's control

supervisory functions in the prescribed order have the right to request and

receive information about people who directly or (through

under their control) alone or with other persons,

associated trust management contracts property,

and (or) easy partnerships, , and (or) (or)

equity agreement, , and (or) other agreement, object

which is implementation of rights, -certified shares

(shares) of an insurance organization have the right to dispose of 10 or more

percentage votes, coming voting voting (shares),

compositions the organization's insurance capital ( 10

has been introduced by Federal Law of June 28, 2013. N 134-FZ-Assembly

Russian legislation, 2013, N 26, st. 3207).

11. If notification,

Articles, received by or from

notification should be that a person who has the right or indirectly

order 10 and more percent

voting shares (shares) that make up the equity capital

organization does not meet the requirements set by 8

true article, specified person has the right to dispose of

votes, not greater than percent

voting shares (shares) that make up the equity capital

organization. shares (shares)

specified person, for general

Shareholders (Contribus)

is accounted for (paragraph 11 has been introduced by Federal Law of 28 June 2013).

N 134-FZ-Legislative Assembly of the Russian Federation, 2013, N

26, Text 3207).

12. The insurer is required to notify in writing

Insurance supervision of about the appointment and release

positions of persons given in paragraphs 1, 2, 3 to 1 of this article, not

later than in for ten working days from the day of adoption

solution (para. 12 introduced by Federal Law of 23 July 2013 g. N

234-FZ -Collection of Russian legislation, 2013, N

30, article 4067).

(Article 32-1 was introduced by Federal Law of 10 December 2003.

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, article 4858)

Article 32-2. (Introduced by Federal Act of 10 December 2003

g. N 172-FZ-Assembly of Russian legislation, 2003,

N 50, article 4858; lost by Federal Act No. 7

March 2005 N 12-FZ - Collection

Federation, 2005, N 10, Art. 760

Article 32-3. Grounds for refusal of a license applicant

in license issuance

1. For for the license was refused

licenses are:

1 using a legal license

Insurance Supervision Authority

notation, individualizing other subject of the insurance of the case

unified public registry

insurance subjects. This location does not apply

for child and dependent entities of the insurance case (in .

Federal Law of July 2005 N 104-FZ -Assembly

Laws of the Russian Federation, 2005, N 30, art. 3115);

2) Activity

specified in paragraphs 2-6 of paragraph 2 of Article 32

true of the Law, the date of the adoption of the by the insurance supervision authority

the

suspensions action of the license (in .

Federal Law of 23 July d N 234-FZ -Collection

Russian legislation, 2013, N 30, art. 4067);

3) non-conformance documents, submitted by

licenses to obtain a license, requirements of this Law

Accepted in that the insurance body complies with it

oversight (in the red. Federal Act of 7 March 2005 N 12-FZ

The legislation of the Russian Federation, 2005, N 10, st.

760; of the Federal Act of 23 July 2013. N 234-FZ - To

Russian legislation, 2013, N 30, art. 4067);

4 non-conformance requirements

Russian legislation;

5) presence of licenses in the documentssubmitted by the license crawler

false information;

6) non-conformance ( count

Organ's Single

Team

accountant, Internal Auditor, Internal Service Manager

audit of Insurance case, of the actuary's qualification and other

requirements, by this Law, by federal law

about Actuarial activities in of the Russian federation (in )

Federal Law of 23 July d N 234-FZ -Collection

Russian legislation, 2013, N 30, art. 4067);

7) (The sub-item is null-based under the Federal Law

December 25, 2012 N 267-FZ-Legislative Assembly of Russian

Federation, 2012, N 53, art. 7592)

8) presence of of the body's clause

requirement for financial

Resilisiliation and , Failure

reporting, provided by of the Law,

crawler licenses activities in paragraphs

second-sixth paragraph 2 of Article 32 of this Law (in

The Federal Act of 23 July 2013 N 234-FZ-Assembly

Russian legislation, 2013, N 30, art. 4067);

9) Insolvency (bankruptcy) (including intentional)

or fictitious bankruptcy) subject of the insurance business-legal entity

person by fault of the applicant of the license applicant.

2. The Refusal output

licenses sent to in writing to the applicant's

of the decision of the  

to specify the reason for the failure.

A decision to deny a license must contain reasons

to reject mandatory reference to approved violations and must

to be accepted no later than the period specified by this Law.

A license denial of the license is sent to the applicant

licenses with of the solution.

(Article 32-3 was introduced by Federal Law of December 10, 2003.

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, article 4858)

Article 32-4. Revoking License

Removing a license or undoing the license

is being implemented:

no license applicant to obtain licenses in

two months from the date of the license notification;

the view of the view

license crawler incorrect information.

(Article 32-4 was introduced by Federal Law of 10 December 2003.

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, article 4858)

Article 32-5. License Action

1. The action's expiry

has been in effect since the day it was received by the subject of the insurance of the case. License

is not transferable. Federal Law of 29

November 2007 N 287-FZ - Collection of the Russian

Federation, 2007, N 49, st. 6048; Federal Act of 23 July

2013 N 234-FZ-Assembly of Russian Legislation,

2013, N 30, article 4067).

2. can be limited to in cases

provided by federal laws Federal Act of

23 July 2013 N 234-FZ- Assembly of the Russian

Federation, 2013, N 30, st. 4067).

3. (Paragraph 3 is no more effective on the basis of the Federal of the law

23 July 2013 N 234-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, art. 4067)

4. no license

subject of the case individual

business, liquidation or reorganizing an actor

case-legal person, for reorganizing in form

attach or select. Insurance Property License Action

case-legal person to which is attached or from

of which another legal entity is distinguished, does not stop (point

4 was introduced by the Federal Act from November 29, 2007. N 287-FZ-

Russian legislation meeting, 2007, N 49, st.

6048.

5. Legal Subject's License - Legal

person reorganizing in the conversion form, not

is terminated if the newly created legalmatches

requirements of the Russian Federation Authority

insurance supervision must replace with the Subs

insurance legal Order

restructuring in the form of conversion, within ten working days

from the date of receipt of documents, provided for in Article 32 of the present

The

Act (paragraph 5) was introduced by Federal Act of 29 November 2007 N

287-FZ- Collection of Russian legislation, 2007, N

49, article 6048.

(Article 32-5 was introduced by Federal Law of December 10, 2003).

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, article 4858)

Article 32-6. Restriction or suspension of a license

1. of the law violation

Subject

order to fix a violation (hereafter referred to as a requirement).

2. Rule is given in the case of:

1) implementation of by the activity

prohibited by Russian Federation

violation by the insurer of the requirements

with insurance legislation (in the red. Federal Act of 23 July

2013 N 234-FZ-Assembly of Russian Legislation,

2013, N 30, art. 4067);

2 The insurer

Part of creating and allocating insurance premiums, other

guaranteeing provident fund payments;

3) Requirements

providing the ratio of and s

commitments, other requirements

financial stability and to pay, in number

non-compliance by the insurance organization of the group

specified requests on the consolidated (in .

Federal Law July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, art. 4067);

4) violation by the insurer

Requirements to View an Insurance Supervision Authority

reporting (to the red. Federal Law of 23 July 2013 N 234-FZ

Russian Law Assembly, 2013, N 30, st.

4067);

5) failure to submit an insurance case to an installed

document time, requested in the order of implementation of the insurance

supervision within the scope of the insurance supervision authority;

6) to establish the fact that the principal of the insured is a case

or (or) is not reliable

information (reed) Federal Law of 23 July 2013 N 234-FZ

Russian Law Assembly, 2013, N 30, st.

4067);

7) failure to submit an insurance case to an installed

contributions to documents referred to in Article 32, paragraph 11

true of the Law (with the application of documents confirming such

changes and additions). Federal Act of 23 July 2013

g. N 234-FZ-Assembly of Russian legislation, 2013,

N 30, article 4067).

3. Prescribe to the subject of the case,

copy of direction in

The executive branch.

Principal insurer

represents the document, confirming

to resolve detected violations.

These documents must be considered within 30 days

from the day of all documents, execution

orders in full.

The

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documents, confirmation of elimination of violations

The

is the basis for recognition of the requirement. About

rules are reported to the insurer for five

days from the day of this decision.

Setting in the of the subject

insurance documents that contain false information

is for for the recognition of this requirement

unfulfilled.

4. In the event of failure to execute the requirement properly or in

set time, and if the subject is not insured

case of getting license action restricted or

pauses in order, installed by this Law (in

The Federal Act of March 7, 2005 N 12-FZ-Assembly

Laws of the Russian Federation, 2005, N 10, st. 760).

4-1. of the organization from

professional insurers ' union in

compliance with federal law for a specific type required

insurance, specified professional federation of insurers

informs about this control's in

order, set by by this Law, of the restriction order

license action

insurance ( 4-1 introduced by Federal Law of July 21, 2014

g. N223-FZ-Assembly of Laws of the Russian Federation, 2014,

N 30, article 4224).

5. The action of the action of the insurer's license means the ban

to conclude insurance contracts for individual types of insurance,

reinsurance contracts, and making changes for

increase by the insurer's

contracts (under Ed. Federal Act of 7 March 2005 N 12-FZ-

The legislation of the Russian Federation, 2005, N 10, st.

760).

6. Suspension of the license of the subject of the insurance case

means insurance contracts

reinsurance, insurance broker service contracts, and

also making changes that increase commitment

the subject of the insurance case, in corresponding treaties (in .

Federal Law of March 2005 N 12-FZ - Collection

Laws of the Russian Federation, 2005, N 10, st. 760).

7. The or control decision

license suspension to be published in print

organ, defined by the supervision, in 10

working days on the day of this decision and takes effect

The

day of its publication.

constraint or about license suspension is suspended

insurance subject in written form for five workers

Days from the Effective Date of the Cause

constraint or license action of (in .

Federal Law of March 2005 N 12-FZ - Collection

Laws of the Russian Federation, 2005, N 10, st. 760).

8. a copy of

licenses suspended in

The

organ of the executive of power.

9. In the limitation or suspension period of the license

change name (trade name), location

and address of the subject of the insurance case, and reorg

prepaid

permission of an insurance supervision. Authority Rejected

oversight in pre- permission must

motivated ( ) Federal Law of April 22

2010: N 65-FZ-Legislative Assembly of the Russian Federation,

2010, N 17, 100 1988).

10. At the same time, the license action

(

of cases, if a temporary administration is previously assigned

or at the decision date to suspend the license action in

relation one from procedures

supervision

assigns temporary to the insurance administration

grounds and in the order of which are provided by the Federal

'On insolvency (bankruptcy)' (point 10 entered by Federal

Act of April 22, 2010. N 65-FZ- Legislative Assembly

Russian Federation, 2010, N 17, Art. 1988).

11.

or

suspensions to the right to open

branch offices without first permission

insurance supervision ( 11 Federal by law of 22

April 2010 N 65-FZ - Collection Russian

Federation, 2010, N 17, st. 1988).

(Article 32-6 was introduced by Federal Law of December 10, 2003.

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, article 4858)

Article 32-7. Resuming a license

1. Resuming the action of the license after it has been restricted or

suspension means restoring the subject's of an insurance

work to be licensed, in

full volume.

2. to cancel the measures of items 5 and 6

Articles 32-6 of the Law, is theSubject

insurance s s

duration and

full volume.

3. The decision to renew the license takes effect

from the day of its adoption and to of the subject of the insurance

case and other stakeholders within 15 days from the commit day

such of the solution. license action

is published in the printed organ of the insurance body

oversight.

(Article 32-7 was introduced by Federal Law of 10 December 2003.

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, article 4858)

Article 32-8. Actor Termination of Actor

of an insurance case or its elimination in connection with

license revocation

1. The to terminate an Actor's insurance activity

insurance case is court decision,

insurance supervision of revoking license, including incoming

statement of the subject of the insurance case.

2. license revocation

Accepted:

1) when implementing insurance supervision:

fixed duration of violations of insurance legislation appearing

license restriction or suspension reason

for repeated in current

repeated violations more than 15 workers

days for the reporting

Law, by other federal laws, regulatory acts of the authority

insurance supervision (paragraph is introduced by Federal Law of July 23

2013 N 234-FZ-Assembly of Russian Legislation,

2013, N 30, art. 4067);

if the subject of the insurance business within 12 months of

{ { License }}

{ \b}{ \bLicense}has not started

activity license or does not implement it during financial

;

if an insurance organization is within three months of

days limitation of license action on the base

Article 32-6 § § 32-6 of the Law, reconstructed

membership of in the professional union of the insurers (paragraph entered

Federal Law of July 2014 N 223-FZ -Collection

Russian legislation, 2014, N 30, article 4224;

in other cases provided by federal law;

2) on the subject of the insurance business-based on it

statements in in writing of the implementation

covered activity license, including exit

insurance professional of the union

insurers, created in with federal law

specific form of insurance, with

documents, specified in 9 (in .

Federal Law of 23 July d N 234-FZ -Collection

Russian Federation Federation, 2013, N 30, st. 4067;

Federal Law of July 2014 N 223-FZ -Collection

Laws of the Russian Federation, 2014, N 30, Art. 4224).

2-1. The supervision of takes the comment

organization's insurerwithout a requirement,

increase of its charter capital

minimum size of insurer's equity in matches

with the 8th of paragraph 3 of Article 25 of this Law (para. 2-1

was introduced by the Federal Act of 23 July 2013. N 234-FZ- Collection

Russian legislation, 2013, N 30, sect. 4067).

3. license revocation

to be published in organ, organ

insurance supervision, days of work

such a solution comes into effect from if

is not determined by federal law. Insurance Property Management Solution

supervision of license revocation is sent to the subject of the insurance case in

written form in within five working days from the date of entry The

strength of this reason for the revocation of the license. Copy

decision on to withdraw licenses to the appropriate body

executive power according to Russian legislation

Federation.

4. Since the entry into force of the decision of the organ of insurance supervision

about revoking license of the case is not entitled to conclude

insurance contracts, reinsurance contracts,

of the broker, also make changes

increasing the obligations of the subject of the insurance of the case

to the appropriate contracts.

Concurrently with licenses ( exception

if

is assigned earlier or to the decision date

license revocation issued one from

procedures, used in

oversight assigns the interim administration of an insurance organization to

grounds and in the order provided by the Federal Law

'About insolvency (bankruptcy)' (Paragraph , Federal

The law of April 22, 2010. N 65-FZ-Legislative Assembly

Russian Federation, 2010, N 17, Art. 1988).

activity Administration

insurance organization not assigned to in

Organ Notice

insurance supervision of the implementation of

activity (Paragraph introduced by Federal Law of April 22, 2010)

N 65-FZ-Russian Federation Law Assembly, 2010, N

17, Art. 1988):

performed obligations arising from insurance contracts

reinsurance contracts, including insurance payments

for Insurable cases (Paragraph introduced by Federal Law)

April 22, 2010 N 65-FZ-Legislative Assembly of the Russian Federation

Federation, 2010, N 17, art. 1988);

transferred commitments,

Insurance (portfolio), , and (or) early termination

insurance contracts, reinsurance contracts (paragraph entered

Fed by Law April 22 2010 N 65-FZ-Collection

Laws of the Russian Federation, 2010, N 17, art. 1988;

of the control

duties (paragraph entered

Fed by Law April 22 2010 N 65-FZ-Collection

Laws of the Russian Federation, 2010, No. 1988).

5. Before the expiration of six months after the entry into force of the solution

Supervision of license revocation

case:

1) accept compliance with Russian

Federation to terminate an insurance activity;

2 execute the obligations,

from

insurance (reinsurance), in insurance

provident insurance cases;

3) implement commitments,

insurance (portfolio), , and (or) avoidance of contracts

insurance, reinsurance contracts, service contracts

insurance broker.

6. Insurer in of in For The

supervision of about revoking the license notifies

insured to withdraw the license, early termination

insurance, reinsurance and (or)

commitments, adopted insurance contracts (insurance

portfolio), with insurer A

portfolio can be transferred. This notification is also recognized

publishing given information in print

editions, of which each print run is not 10

instances that are propagated throughout the implementation

activity of insurers.

7. The Insurance Commitments By

relation of parties is not resolved, to be passed to another

The

insurer. Transfer of commitments made under these treaties

(portfolio), is implemented with the consent of the insurance body

oversight. The insurance supervision authority directs the decision to in writing

form of consent to transfer insurance portfolio or refuse to give

such consent based on the insurer's

host insurance portfolio, for 20 working days after

The

day of the claim submission for the portfolio . Authority

insurance does not give permission to reinsurance

portfolio, if based on the insurer's

host insurance case, set, specified

insurer not has sufficient native

(capital), is not -compliant

solvency with the new commitments (in red.

Federal Law July 2013 N 234-FZ -Collection

Russian legislation, 2013, N 30, sect. 4067).

8.

true article, subject of the insurance case represents in

insurance supervision (financial) reporting

quarterly (Ind. The Federal Act of 23 July N

234-FZ -Collection of Russian legislation, 2013, N

30, article 4067).

9. Six months from the date of entry into force of the decision

provident revokinglicense of the insurer

business must submit supervision of documents

confirming fulfillment of responsibilities, provided by 5

true article:

1 activity

activity

The

control of the insurer is a legal person,

authorized to accept matches

constituent documents, , or by the insurer

registered in Russian

Federation Order as an Individual entreprene;

2) documents, for or about

absence in written of the insured

(beneficiary-acquired) or prematory

commitments, of from insurance contracts

(reinsurance), insurance broker services

as well as documents confirming the transfer of commitments, accepted

insurance contracts (insurance portfolio)

3) accounting (financial) reporting with tax mark

authority and audit opinion at the next reporting date

expiry 6 months of the body's decision

insurance supervision of license revocation (ed.) Federal Law

dated July 23, 2013 N 234-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, art. 4067);

4) the original license.

9-1. The of the activity of the community

insurance or in the license revocation

takes into account the specifics, of items 9-2

- 9-6 of this article (Paragraph 9-1 by Federal Law of 29

November 2007 N 287-FZ - Collection of the Russian

Federations, 2007, N 49, st. 6048.

9-2. The Insurance Society

Property interests of its members directly on

The

of the Society's days of the day of the coming into effect of the solution

insurance supervisory authority to revoke the license has the right

new members of mutual insurance, and also

changes in insurance rules ( 9-2 )

Act of November 29, 2007 N 287-FZ-Assembly

Russian Federation, 2007, N 49, Art. 6048.

9-3. Six months after the date of entry into force

User License

mutual insurance is required:

1) accept compliance with Russian

Federation to Eliminate Mutual Insurance Society;

2) perform insurance (reinsurance) obligations in

volume count insurance

cases;

3) implement insuranceinsurance

(reinsurance).

(Paragraph 9-3 was introduced by Federal Law of November 29, 2007 N

287-FZ- Collection of Russian legislation, 2007, N

49, art. 6048)

9-4. six months of the days of the entry into force

organ Principal

insurance is required to submit to insurance supervision

documents, confirming the fulfillment of duties provided for

paragraph 9-3 of this article:

1 Insurance Insurance

accepted by the general meeting of the mutual insurance company

2) documents, for or about

missing requirements in in writing of the insured

(beneficiary-acquired) or prematory

insurance liabilities (reinsurance);

3) accounting (financial) reporting with tax mark

(Ind. Federal Law of 23 July 2013 N 234-FZ-

Russian legislation collection, 2013, N 30, st.

4067);

4) the original license.

(Paragraph 9-4 was introduced by Federal Law of November 29, 2007 N

287-FZ- Collection of Russian legislation, 2007, N

49, art. 6048)

9-5. The Insurance Company's

Insurance (reinsurance) Other

insurer (item 9-5) introduced by Federal Act of November 29, 2007

g. N 287-FZ-Assembly of Russian legislation, 2007,

N 49, st. 6048.

9-6. Before you perform the duties, of the item 9-3

true articles, Insurance Mutual Insurance Property

Insurance supervision (financial) reporting

quarterly (para. 9-6 by Federal Law of 29 November

2007 N 287-FZ-Legislative Assembly of the Russian Federation,

2007, N 49, 100 6048; into the red. Federal Act of 23 July 2013

N 234-FZ-Russian legislation collection, 2013, N

30, article 4067).

10. of the insurer

insurance activity ( excluding commitments,

3 3 3 3 and 2 and 3

9-3

address in with Claim for Insurance Principal Elimination

legal person or termination by the insurer

physical activity

business (in the business environment) Federal Act of 29 November 2007 N

287-FZ-Russian Federation Law Collection Federation, 2007,

49, article 6048.

(Article 32-8 was introduced by Federal Law of 10 December 2003.

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, article 4858; in red. Federal Act of 7 March 2005 N 12-FZ

-Russian Law Assembly, 2005, N 10, st.

760)

Article 32-9. Types of insurance

(name in red. Federal Law of 23 July 2013 N

234-FZ -Collection of Russian legislation, 2013, N

30, Art. 4067)

1. The

insurance (ed.) Federal Act of 23 July 2013 N 234-FZ

Russian Law Assembly, 2013, N 30, st.

4067):

1) life insurance death, predation

certain age or due date or other event;

2) Pension insurance:

3) life insurance with periodic insurance payments

(rents, annuities) and with in

Insurer's investment income;

4) Accident and Sickness Insurance;

5) medical insurance;

6 Surface Transport Transport (except

rail tools);

7 Railway insurance;

8) Air transportation insurance;

9) water transport insurance;

10) cargo insurance;

11) agricultural insurance ( crop insurance,

crops, perennial crops, animals)

12) property insurance

vehicles and agricultural insurance;

13) Property insurance, except transport

;

14) owner's liability

vehicles;

15) liability insurance for owners of funds

air transport;

16) liability insurance for owners of funds

water transport;

17) Ownership of funds by owners

rail transport;

18) organization's organization's liability

hazardous objects;

19) liability for

harm due to lack of goods, works, services;

20 liability insurance for causing

harm to third parties;

21) Civil liability for non-performance

or improper performance of treaty obligations;

22) business risk insurance;

23) Financial risk insurance;

24) Other insurance, Federal

laws on specific types of compulsory insurance (sub-item 24

By Federal Law of 25 December 2012 N 267-FZ

The legislation of the Russian Federation, 2012, N 53, st.

7592).

2. Insurance organization is obliged to notify in writing

Insurance Property and Insurance Supervisory Authority that

real article and that wants to

corresponding activity (voluntary life insurance,

voluntary personal insurance, -exempt

insurance of life, voluntary property in

order and within the time limits set by the insurance supervisory authority.

Insurer must represent supervision authority

accepted insurance rules, calculations

insurance fares together with Actuaries

calculations, structure of tariff rates and clause

insurance reserves in order and in time set by the body

insurance supervision.

About the changes made to documents specified in

point, insurer must report in writing in

insurance and submit documents

these changes, in and in terms that

The

is set by the insurance supervision authority.

If federal provides that rules

insurance against certain types of insurance, tariffs,

methodology of the calculation, tariffs

insurance installed By the Russian Federation Federation

mandated by the executive authority

insurance supervisory authority and are mandatory for usage

insurers,

insurance rules, calculations

insurance tariffs, actuarial methodology, tariff structure

rates, and changes, contributed (paragraph

has been introduced by Federal Law of July 21, 2014. N 223-FZ-Collection

Laws of the Russian Federation, 2014, N 30, Art. 4224).

(Item 2 in The Federal Act of 23 July 2013 N

234-FZ-Russian Federation Law Assembly ( 2013, N

30, article 4067).

3. (Paragraph 3 is no more effective on the basis of the Federal of the law

23 July 2013 N 234-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, art. 4067)

4. By type of insurance, 2, 3,

10-12, 18, 21, 22 of paragraph 1 of this article, and also

if an insurance contract or insurance rule provides

or property survey

insured person to enter insurance policy or contains

conditions other,

(standard) requirements and implementation

individual type of voluntary insurance if they are established

insurance regulatory acts, insurance policies

in the form of electronic documents in the order, of the article 6-1

this Law is not enclosed.

Mandatory insurance contracts in installed

6-1 of this Law is allowed, if is

federal

mandatory insurance.

(Paragraph 4 was introduced by the Federal Act of June 4, 2014). N 149-FZ

Russian Law Assembly of the Russian Federation, 2014,

2934)

(Article 32-9 was introduced by Federal Law of 10 December 2003.

N 171-FZ-Russian Federation Law Assembly, 2003, N

50, article 4858)

Article 33. Compliance with commercial and other protected law

Secrets of insurance supervision authorities

AuthorityAuthority

disclose in any form the details that make up the commercial and

other protected by the subject of the case

exceptions, provided by Russian law

Federations (to the red. The Federal Act of 2003 2003 N

172-FZ -Russian Law Assembly, 2003, N

50, article (4858).

Chapter V. FINAL PROVISIONS

Article 34. Insurance of foreign citizens, persons without

Citizenship and foreign legal persons

in the Russian Federation

Foreign citizens, without Citizenship and foreign

legal entities in in the Russian Federation

right with citizens and legal

The

faces of the Russian Federation.

Article 35. Review of disputes

Disputes related to insurance, Usage disputes

identity of the name of the name (trade name), and

also disputes related to the actions of the insurance supervisory authority and its

persons, are resolved by the court, by the court or

The

matching (in .

Federal Law of July 2005 N 104-FZ -Assembly

Russian legislation, 2005, N 30, article 3115).

Article 36. International treaties

If international Federation or

The

former USSR has different rules than those contained in

Russian legislation on insurance used

The

rules of an international treaty.

Moscow, House of Russia

27 November 1992

N 4015 -I