Financial news: Insurance rates for most types of transportation may be reduced.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The Bank of Russia proposes to reduce the minimum tariff corridor for compulsory civil liability insurance of carriers to passengers (CLI) for intercity and suburban bus transportation by 30%, and for charter and regular urban bus transportation by 20% and 10%, respectively.

Draft instruction It also provides for a reduction in the lower limit of the tariff for transportation by sea and suburban rail by 40%, and for transportation by helicopters, trolleybuses, water transport and long-distance rail by 30%.

Tariff values for transportation by other modes of transport remain unchanged.

The regulator's proposals are based on monitoring results. tariffs for compulsory motor third party liability insurance.

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