Aggregated News From Investment Management Regulators

Compulsory carrier liability insurance: new opportunities for rate customisation


Please complete the required fields.

Following the monitoring of rates in compulsory carrier third-party liability insurance, the Bank of Russia plans to expand the range of insurance rates. As a result, it will become possible to reduce insurance rates for responsible and safe carriers, and raise rates for high risk carriers.

For regular bus transportation, which is the most popular mode of carriage, the lower bound of the range will be lowered by 15%, and for other types of public transport, including trolleybuses and trams, as well as for railways — by 25%. The upper bound will be raised by 25%.

Rates in compulsory carrier liability insurance depend on transport types and modes of carriage, and on the factors influencing the level of risk.

This news item was originally published by the Central Bank of the Russian Federation (CBR RU). For more information, please see the Source Link.

Regulator Information

Abbreviation: CBR
Jurisdiction: Russian Federation

Recent Articles

Sanctions Notice – Myanmar — GFSC

Please be advised that the following individuals and entities: Win Kyaw Kyaw Aung Zaw Min Tun Asia Sun Trading Company Limited Cargo Link Company Limited have been designated under the Myanmar (San

Sanctions Notice – ISIL (DA’ESH) and AL-QAIDA — GFSC

Please be advised that Islamic State in Iraq and the Levant in South-East Asia has been designated under the ISIL (Da’esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 (the UK regulati

SFDR data collection exercise for investment fund managers (IFMs) on regulatory requirements in relation to Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial...

1. Context This Communiqué follows up on the CSSF communiqué published on 27 July 2022 announcing the intention of the CSSF to launch a data collection exercise...


We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

CVM accepts proposal for a term of commitment with the CEO of Clear Sale SA

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content...

Get the latest from Regulatory.News in your inbox!