Financial news: Hazardous property owners liability insurance: new rates

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The Bank of Russia has established new tariffs for compulsory civil liability insurance of owners of hazardous facilities. They will be applied from September 21, 2025.

At the same time, for facilities using pressure equipment and coal mines, the lower limit of the tariff corridor remains at the same level as now.

For hydraulic structures, petrochemical and mining industry enterprises, it is reduced by 25%. A more significant reduction (by 75%) is provided for some types of power plants, as well as facilities for storing mineral processing waste (tailings) and mine construction sites. The lower limit of the tariff corridor for all other types of hazardous facilities is reduced by 50%. The upper limits of insurance tariffs do not change.

The recalculation of tariffs takes into account the current dynamics of losses and more accurately reflects the level of risk of an accident.

Preview photo: Shutterstock / Fotodom

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