RUSSIAN FEDERATION FEDERAL LAW OF THE FEDERAL LAW OF THE RUSSIAN FEDERATION "On amendments and additions to the law of the Russian Federation" OF THE PRESIDENT OF THE RUSSIAN FEDERATION June 2007 Article 1 Article 2 OF THE PRESIDENT OF THE RUSSIAN FEDERATION OF THE PRESIDENT OF THE RUSSIAN FEDERATION 4858; 2005, N 10, sect. (760) the following changes: 1) Part 2: " 2. Insurance organizations having obligations under article 4, paragraph 1, article 4, paragraph 1, of the Russian Federation Act of 27 November 1992 No. 4015 -I " On the organization of the insurance business in OF THE PRESIDENT OF THE RUSSIAN FEDERATION Federal Law of Change and Additions, must: 1) dispatch to the insurance supervision authority until 1 July 2007: a) notification in writing of the chosen specialization in accordance with article 6 of the Law of the Russian Federation of 27 November 1992 No. 4015-I " On the organization of the insurance business in the Russian Federation The Federation ", taking account of the changes and additions made to it by this Federal Act and a copy of the decision of the relevant authority in the insurance organization for the chosen specialization; b) information in writing about those in force on Date of notification of selected specialization of insurance contracts { \b } { \b } { \b } { \b } { \b } { \b } { \b } { \b } { \b } { \b } { \b } { \b the sum of each insurance contract; the size of the insurance reserves for each insurance type; 2) to fulfil obligations arising out of insurance contracts that are not covered by the chosen specialization, in Insurable insurance premiums Cases; 3) to submit quarterly to the insurance supervisory authority within a period not later than the month following the preceding quarter; the information referred to in subparagraph (b) of paragraph 1 of this Part; 4) within 30 days from the date The end of the life of all insurance contracts in the form of insurance not relevant to the chosen specialization, to submit an application for appropriate changes to the licence in connection with the completion of the specialization in the insurance supervision authority. "; 2) add the following content to parts 2-1 and 2-2: " 2-1. The insurance organizations referred to in part 2 of this article and have failed to comply with the requirements of paragraph 1 of part 2 of this article, the insurance supervisory authority shall withdraw the licenses without a requirement. 2-2. As from 1 July 2007, the insurance organizations referred to in part 2 of this article are not entitled to enter into insurance contracts that do not belong to the chosen craft and to make insurance contracts by type of insurance, not related to the chosen specialization, changes resulting in an increase in the liability of insurance organizations. "; 3), Part 3, amend to read: " 3. Insurance brokers are required to obtain licenses until 1 July 2007, the mutual insurance company-until 1 January 2008, insurance organizations-licenses for reinsurance until July 1, 2007. ". Article 2 This Federal Law shall enter into force on the date of its official publication. President of the Russian Federation Vladimir Putin Moscow, Kremlin 30 June 2007 N 119-FZ
