The insurance market from next year will develop in the blind. " The fact that the deadline expires on a specific development strategy, and the new plan has so far nobody has. Market players complain that insurance has a high potential, but is virtually stagnant. Referred to major problems: inadequate legislation, dumping and low insurance culture. In addition, they said, the market does not develop because of the misguided policies of the regulator. Elena Sidorenko for UBR.UA insurers against unplanned audit drop that has occurred over the past two years in the classical sector of the insurance market, analysts say is unprecedented. The statistics of the insurance in the gross domestic product of Ukraine, on the background of world figures - 7%, our country is between Turkey and Kazakhstan - 0,9%. This index reached the highest point in 2009, now there is a decline, experts say. But set the bar for the insurance market to reach 5% of GDP. By the standards of 2010 this could amount to 42 billion hryvnia. However, market players noted positive developments over the past 4 years. The main thing that got the insurance consumers a choice of quality. At the expense of real investment in technology, structure and personnel. A classical insurance market has grown to 65%. But this year the trend is stopped. Choosing an insurance product, consumers are often guided by cost, rather than the level of solvency of the company or the technology it uses. Therefore, insurers complain about the dumping. Consumers can choose a quality product, but it will be much more expensive. Oleksandr Zavada, president of the Ukrainian federation of insurance: "There are many companies that provide the normal level of services that are capitalized are solvent. Therefore, the question is how to help the user navigate. Choose the company that corresponds to his ideas. And so these problems, the we are talking about, it's mainly the problem to be solved through the efforts of the regulator. " To date, over fifty companies renew permits for avtograzhdanki. However, it complicates the Financial Services Commission relicensing, pushing the requirements not stipulated in the legislation, according to insurers. However, they managed to negotiate with the regulator to suspend unscheduled audit until it is set up an appropriate regulatory framework. The regulator agreed, but summed up the early test. Vasili Volga, the head of the Financial Services Commission: "Insurance companies have refused to be audited. After this, the association made us sit at the development of criteria by which we will designate this audit. And even for the reporting, which was filed first, found just crazy mismatch." Earlier, the Financial Services Commission obliged almost every fourth company held an unscheduled inspection. In addition, a passport for the scheduled audit. Vasili Volga, the head of the Financial Services Commission: "Now we develop the passport of the audit, because the data that has started to check right now - just the trouble. The auditor raised a thousand hryvnia sign and left, and that was on it - it is far from reality." Regulator charged with misconduct by the credit unions, pawn shops and insurance companies have accused the Financial Services Commission of pressure on market participants and signed a resolution on nedoverii.Komissiya trying to dictate the rules of the game, giving illegal orders, and impose services subsidiary of the placement of orders for the manufacture of blanks and the holograms. Besides, argue that the regulator hides the information about the real state market. Natalia Hudyma, president of the League of Insurance Organizations of Ukraine: "There really is a huge problem. You can lead a good example of the Russian Federation, in less than 15 days after the end of 9 months, supervision of the Russian Federation has issued a report data for 9 months and we still have only six months. " Insurers explain, when applying for information to the controller, get stopped. Financial Services Commission allegedly referred to article 31 of the Law on Insurance, which says about privacy. "I assure market participants that if the ones we will be opening a little more information, then such monitoring bodies as the prosecutor's office and other services that will require them to, respectively, enough other confidential information. Hence, the reason there are more in the legislation, - she says Hudyma. Finance Ministry intends to gain control over the financial markets. And begin to coordinate the activities of the Financial Services Commission and the State Commission on Securities and Stock Market. The Ministry has prepared a bill, which gives him the power to shape government policy in this area. Now all regulatory projects that contribute to the Cabinet shall coordinate with the Ministry of Finance. In this case, the powers of regulators by legislation, and the Ministry of Finance - no. The document proposes to give regulators the right to have access to databases with each other. And also defines the procedure for exchanging information between the MOF and the State Commission. Which, according to the document should be submitted to the department work plans for next year, as well as reports on the results of their activities. A proposal of the Minister of Finance will be required to consider the heads of the regulators. Insurers set conditions Players regulator of the insurance market, supported the initiative of the regulator, by which to resolve all issues arising from the Financial Services Commission, will establish working groups. Insurers, in turn, made a number of criteria, how they would like to see the regulator: 1. Politically independent. 2. Professional. 3. Equipped with modern technology. 4. Transparent and predictable. 5. Sustainable and socially responsible. "We would like to see an absolutely strong regulator. His power should come down to what was to exchange information with market players," - said Nataliya Hudyma.
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