National Bank and Gosfinuslug developed three options for repayment of deposits of insurance companies located in the banks with the interim administration. Among them - the creation of the Fund to guarantee payments, the transfer of deposits in Oschadbank and payment of compensation directly from the banks. Sami Insurers rely on direct budget support - they ask the Ministry of Finance to lend to them on bail problematic deposits.
Yesterday, the Kommersant-Ukraine were suggestions National Bank and Gosfinuslug insurance companies regarding access to their reserves, deposits placed in banks with the interim administration.
National Bank offered two options for insurers to address the problem: the transfer of frozen deposits in the portfolio Oschadbank and insurance payments directly to the temporary administrators of the deposits of the banks on behalf of insurers. Gosfinuslug, in turn, offered by insurance reserves to form a fund to guarantee insurance payments, the funds which can be transferred to the accounts of the NBU.
Insurers have developed an alternative scheme. The Ministry of Finance, in their view, should be through the banks to lend to insurance companies for their payments to their clients on bail on frozen deposits. According to the Gosfinuslug, at the end of May, total deposits of insurers problem was 1.2 billion UAH.
In
National Bank agreed to help insurers despite the fact that do not consider a moratorium on satisfaction of creditors of banks insurance companies, the main problem. In NBU believe that the failure of compensation due to risky deployment of reserves amounting to 6.5 billion UAH in nelistingovyh securities extensive way of development of the market (not paid from reserves, but at the expense of premiums) and the work of insurance companies on the verge of profitability. These considerations are contained in the materials prepared for the meeting yesterday NBU, Gosfinuslug and insurance companies. Manual leveling evening calls are not answered.
Market participants criticized the proposed options for the return of their funds. Not understand the mechanism of building a fund to guarantee payment. And in the event of a transfer of money in Oschadbank need to accurately determine whether they will be used only for insurance payments, - said vice-president of the UK Aska Elena Masharo. No option is perfect. The payment of compensation directly from the banks not to all institutions, andthe need to clearly specify the terms, - said vice-president of the League of Insurance Organizations of Ukraine Natalia Gudyma .- For insurers interested in obtaining loans from banks, but you need to lend such a rate to cover the interest on deposit. The best option for insurers consider reimbursement directly from the deposits of problem banks. The other option provides for artificial support of companies who can not manage their risks, which adversely affect the insurance market, - confident Masharo.
In the seven months of 2009, electricity production in Russia fell by 6.4% to 560 billion kWh
The world's leading indices showed mixed trends
Old World Index fell by an average of 0.4%
Today analysts' forecasts - to bid on EUR /USD in range: 1.4300-1.4450
The dollar remains under pressure from investors
Microsoft and Yahoo! engaged in search of details
U.S. hangs from the 1.44 dollars per euro, yen desheveet followed by a growth of the Asia-Pacific stock markets
Growth of the Russian sites, which was interrupted yesterday's collapse in late trades, resumed
Investors focused on short and medium term, it is necessary to hold long positions on the leading issuers of
Kommersant: Insurers are looking for a backup solution
National Bank and Gosfinuslug developed three options for repayment of deposits of insurance companies located in the banks with the interim administration. Among them - the creation of the Fund to guarantee payments, the transfer of deposits in Oschadbank and payment of compensation directly from the banks. Sami Insurers rely on direct budget support - they ask the Ministry of Finance to lend to them on bail problematic deposits.
Yesterday, the Kommersant-Ukraine were suggestions National Bank and Gosfinuslug insurance companies regarding access to their reserves, deposits placed in banks with the interim administration.
National Bank offered two options for insurers to address the problem: the transfer of frozen deposits in the portfolio Oschadbank and insurance payments directly to the temporary administrators of the deposits of the banks on behalf of insurers. Gosfinuslug, in turn, offered by insurance reserves to form a fund to guarantee insurance payments, the funds which can be transferred to the accounts of the NBU.
Insurers have developed an alternative scheme. The Ministry of Finance, in their view, should be through the banks to lend to insurance companies for their payments to their clients on bail on frozen deposits. According to the Gosfinuslug, at the end of May, total deposits of insurers problem was 1.2 billion UAH.
In
National Bank agreed to help insurers despite the fact that do not consider a moratorium on satisfaction of creditors of banks insurance companies, the main problem. In NBU believe that the failure of compensation due to risky deployment of reserves amounting to 6.5 billion UAH in nelistingovyh securities extensive way of development of the market (not paid from reserves, but at the expense of premiums) and the work of insurance companies on the verge of profitability. These considerations are contained in the materials prepared for the meeting yesterday NBU, Gosfinuslug and insurance companies. Manual leveling evening calls are not answered.
Market participants criticized the proposed options for the return of their funds. Not understand the mechanism of building a fund to guarantee payment. And in the event of a transfer of money in Oschadbank need to accurately determine whether they will be used only for insurance payments, - said vice-president of the UK Aska Elena Masharo. No option is perfect. The payment of compensation directly from the banks not to all institutions, andthe need to clearly specify the terms, - said vice-president of the League of Insurance Organizations of Ukraine Natalia Gudyma .- For insurers interested in obtaining loans from banks, but you need to lend such a rate to cover the interest on deposit. The best option for insurers consider reimbursement directly from the deposits of problem banks. The other option provides for artificial support of companies who can not manage their risks, which adversely affect the insurance market, - confident Masharo.
In the seven months of 2009, electricity production in Russia fell by 6.4% to 560 billion kWh
The world's leading indices showed mixed trends
Old World Index fell by an average of 0.4%
Today analysts' forecasts - to bid on EUR /USD in range: 1.4300-1.4450
The dollar remains under pressure from investors
Microsoft and Yahoo! engaged in search of details
U.S. hangs from the 1.44 dollars per euro, yen desheveet followed by a growth of the Asia-Pacific stock markets
Growth of the Russian sites, which was interrupted yesterday's collapse in late trades, resumed
Investors focused on short and medium term, it is necessary to hold long positions on the leading issuers of