The Central Bank intends to change the regulatory framework of insurance tour operators

MOSCOW, October 27. The Bank of Russia intends to amend the regulatory framework relating to insurance of responsibility of tour operators, taking into account the situation that has developed around the airline “Transaero”. About this at a conference on insurance said the Deputy head of insurance market Department of the Central Bank of the Russian Federation Svetlana Nikitina.

She noted that the system of payment of the premiums, which is now used, showed “incomplete efficiency of insurance protection”. As a result, the insurers pay premiums in proportion, which causes dissatisfaction among the citizens.

“From our side, we think about how to improve this regulatory framework, and to create a completely transparent system,” – said the representative of the regulator.