The Central Bank outlined the limits to growth of tariffs from the reform of insurance

© RIA Novosti / Natalia to Seliverstova in photobacteria Central Bank of Russia. Archival photoThe Central Bank outlined the limits to growth of tariffs from the reform of insurance© RIA Novosti / Natalia to Seliverstova the image Bank

The planned expansion for tariff corridor should not lead to an increase in tariffs on OSAGO more than 1.5%, said the Chairman of the Bank of Russia Vladimir Chistyuhin.

According to Chistochina, the Central Bank is constantly conducting actuarial calculations, including to assess the impact of liberalization of insurance for its value.

«Since the beginning of the debate on reform there have been three actuarial valuations. The latter showed that the average cost of taxi fares should not rise, the deviation is equal to not more than 1.5%. That is, the increase in the cost, if he will, he must not exceed in actuarial calculations 1,5%», — he said during a joint meeting of the state Duma Committee on Finance and the Committee on transport and construction.

The Ministry of Finance and the Central Bank is now preparing the first phase of liberalization of the insurance. So, the Central Bank has developed draft guidance which proposes to extend the tariff corridor in the CTP, to change the system of calculation of the coefficient «bonus-Malus» (MSC) and the coefficient of «age-experience» (FAC). The bill of the Ministry of Finance envisages the abolition of the two factors of territory and power, as well as the introduction of a number of individual driver factors.