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Reading the project of the federal law "About modification and additions in the Law

The Russian Federation "About the organisation of insurance business in the Russian Federation" which is directed on expansion and

Ordering of legislative regulation of participation of the foreign capital In insurance activity in territory of the Russian Federation.

The basic sense of the additions offered by deputies, consists in the appreciable

Restriction of activity of foreign insurers in the Russian territory.

According to the bill, the general size (quota) of participation of the foreign capital in

The Russian insurance organisations cannot exceed 12 %. This general Authors of the bill aspire to strengthen restriction by entering Directly in the norm law in 49 % as maximum share of foreigners in

Authorised capital stock of the insurance companies. For the companies with higher share

Foreign participation a number of additional restrictions is entered. They cannot,

In particular, to carry out in Russia life insurance, obligatory and Obligatory state insurance. The minimum size of the paid

Authorised capital stock of the insurance organisation with foreign participation should be

It is not less 1 million minimum wage rates.

Authors of the bill offer a number of the measures ordering, in their opinion,

Activity of foreign insurers. The enterprises with the foreign Investments can carry out insurance activity only in shape

Joint-stock companies and in the presence of the Russian licence. Such enterprises

Are obliged to deposit in the Central Bank of the Russian Federation the sum at a rate of 1 million minimum wage rate in

Quality of maintenance of performance of obligations under insurance contracts.

Branches of non-residents can conduct insurance activity in

Russia if the non-resident not less is than 25 years the insurance organisation

In the country and not less than 2 years participates in the insurance companies,

Registered in Russia.

It is necessary to see that behind the brought bill there is a proved

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Business Icon Set Business Icon Set is a collection of top- quality stock icons for use in software and on websites. They are provided in a variety of formats, sizes and color schemes.

Basic Icons for Vista Make your software look as nice as Vista with icons crafted in the same style

Software Toolbar Icons Software Toolbar Icons is a set of top-quality handcrafted images designed by professional artists for developers and webmasters. This icon collection covers a wide range of software-related topics.

Medical Icon Set Icons for medicine and chemistry: ambulance car, snake cup, pill, tablet, tooth, phial, syringe, test-tube, skull, bones, molecules and others.

Standard Software Icons Standard Software Icons is set of eye-caching software-related icons meticulously designed by experienced artists. This set is an ideal choice for navigation menus and toolbars of all sorts.