Property Insurance - all aspects

Posted by DeXtR at 4:11 AM | Labels: , , , , , , ,
Objects of insurance:
Acheter Soma


Acheter Celebrex

Acheter Celexa


Acheter Effexor


Acheter Levaquin


Acheter Desyrel


Acheter Nexium


Acheter Acomplia


Acheter Synthroid


Acheter Clomid


Acheter Lexapro


Acheter Viagra Brand

Acheter Deltasone


Acheter Viagra + Cialis + Levitra


Acheter Cipro


Acheter Kamagra


Acheter Nolvadex


Acheter Lasix


Acheter Zithromax

Acheter Levitra


     * Buildings
     * Machinery and equipment (industrial, engineering and technology, warehousing, commercial, refrigeration, etc.)
     * Office and industrial premises and finish
     * Computers
     * Furniture and household equipment manufacturing
     * Goods, raw materials and finished products in stock, in refrigerators, in the production room and sales area
     * Glass, mirrors, windows, billboards
     * Cash in safes and cash registers

Fear as property owned by the company and located in the renting, safekeeping, management, transferred as collateral, etc.

Corporate Property can be insured in the event of his death (loss) or damage as a result of the following events:

     * The fire, lightning.
     * Fall of aircraft and their parts
     * The explosion of steam boilers, gas pipelines, vehicles and other similar devices, as well as explosives and gas consumed for domestic and industrial purposes;
     * Natural disasters;
     * Damage to water, resulting from accidents in water supply systems, heating, drainage, sprinkler and deluge fire suppression systems;
     * Burglary, theft and robbery;
     * Malicious acts of third persons to damage or destruction of property;
     * Damage, loss or damage to property (food, etc.) due to damage or failure of the refrigeration;
     * Losses from interruption (Business Interruption);

Civil liability to third parties in the operation of the property.

Property insurance companies as possible from all risks, as well as from one or more of the risks of your choice.

Sum Insured

The sum insured is established by agreement between the company and the insurer in an amount not exceeding the actual value of the property at its location on the day of the contract of insurance.

When the insured event reimbursed actual damages in the amount of the company:

     * The actual value of insured property in the event of loss or theft;
     * The costs of restoring the damaged insured property in the event of damage.

Sample rates:

     * The buildings, including finishes and utilities - from 0,1% to 0,5%
     * Decoration and design elements of premises - from 0,1% to 0,6%
     * Production equipment - from 0,1% to 0,7%
     * Furniture and equipment - from 0,1% to 0,7%
     * Office equipment, household appliances - from 0,1% to 0,8%
     * Goods in stock - from 0,15% to 0,8%
     * Products on the trading floor - from 0,2% to 1,2%
     * Vehicles are not in the stage of operation - from 0,25% to 1,0%
     * Systems of electricity, gas and water supply - from 0,2% to 0,9%
     * Glass and signage- from 0,2% to 3,5%
     * Money and valuables - from 0,2% to 3,5%
     * Losses from suspension of production - from 0,15% to 0,65%

Property insurance - the easiest and most reliable way to protect themselves from financial loss in case of loss or damage.

Currently, insurance companies offer a unified insurance Express products, simplicity, brevity and speed of processing, as well as traditional, permitting consideration of the many features of a specific object of insurance.

Express products can combine several types of objects and insurance (for example: flat + homestead + cottage + civic responsibility)

Specialists "Insurance Shop EXPERT" will always help you understand the variety on the market of insurance products and find the best option of protection of your property.

Insurance risks:

For real estate and household goods - Full package of risks "(Fire, bay, natural disasters, illegal actions of third parties) in some companies can be supplemented with risk: the falling aircraft or their parts, design flaws (violation of the design), any impacts extended to animals and / or birds, power outage, used for the property. To GO - "Causing damage to property, life and health of third persons"
Tuesday 0 comments

All losses Sayano-Shushenskaya HPP cover insurers and reinsurers

Posted by DeXtR at 3:16 AM | Labels: , ,
At Sayano-Shushenskaya power plant accident. In came the destruction of the second hydraulic station, was flooded machine room and damaged the roof of the machine room. Killed 17 people.

Acting Chairman of the Board of JSC "RusHydro Vasily Zubakin Finmarket reported that the restoration of energy potential of the Sayan-Shushenskaya power plant will need at least two weeks. "With regard to the restoration of the unit, the production of these units takes 1,5-2 years", - said V. Zubakin. He added that the damage OAO RusHydro from the accident at the Sayan-Shushenskaya power plant can be measured in billions of rubles.

Property Sayano-Shushenskaya power plant was insured by ROSNO at $ 200 million, officials also have been insured ROSNO 500 thousand rubles each. Civil liability of the owner GES was insured company AlfaStrakhovanie.

Coverage under a contract of property insurance entered into between «ROSNO» and JSC «RUSHYDRO», provides protection against all risks. Limit reimbursement for one occurrence under the contract amounts to 200 million dollars. Also in ROSNO under contracts of insurance against accidents insured 623 employees Sayan-Shushenskoye ERT and Sayan-Shushenskaya GES. The established limit for a single insured depends on the category of employee, the maximum coverage of up to 500 000 rubles. person. The costs recoverable ROSNO on the insurance event, will be determined by results of examinations.

Risks under the contract reinsured in the international market, mainly - in Munich Re.

Employees hydropower plants insured OJSC ROSNO in case of injury or death resulting from accidents. The maximum insured amount for insurable risks under the contract reaches 500 thousand rubles per insured person.

As stated by Mr. Gulchenko, representatives established yesterday in ROSNO Working Group in connection with the accident at the Sayan-Shushenskaya GES today evening flight will fly to Abakan. The Working Group will participate in the commission of internal investigation of PE, which also includes representatives RUSHYDRO, Sayan-Shusha HPS, Rostekhnadzor and others authorized bodies. The Commission's task to determine the causes of the accident.

In addition to expertise to resolve the energy risks, the delegation ROSNO, departing in Khakassia, also includes representatives of two independent expert organizations: JSC «Cunningham Lindsay Rush» - an international surveyor with experience, including analysis of the situation with regard to the consequences of the accident in Chagino, LLC « Average Commissioner »- one of Russia's most experienced companies in the field of work with electrical power risks.

With regard to insurance liability owner of HPS, which ensured the UK AlfaStrakhovanie, it covers the emergence of responsibility by the owner or operator of the organization of a hydraulic structure for causing harm to life, health or property of third parties (except for employees of the insured). - The sum insured is set at $ 30 million rubles in all cases. At the same risks of the company AlfaStrakhovanie under the contract reinsured on the western insurance market ", - said director of department claims settlement of property insurance companies AlfaStrakhovanie Boris Osipov.

No need to pay this contract does not arise, because the affected employees of HES does not include the category of "third parties".

One of the options stopped Russia's industrialists during the passage of the RF State Duma a draft law on mandatory liability insurance operators of hazardous facilities proposed to improve the protection of people and distribute it to employees of enterprises. However, employers found it unnecessary insurance costs and all public hearings argued that man-made accidents, especially at the waterworks general statistics does not happen, and people's enterprises to fully protect themselves.

According to general director of Ingosstrakh "Alexander Grigoriev, the responsibility of the insurer under a contract with the Sayan-Shushenskaya GES still may occur if remedial work would drag on for months, if redistributed at present is not enough energy to supply the production of Rusal.

Ingosstrakh insured against the risk of interruption of the business. If the insurance event occurs, steelworkers will receive compensation from Ingosstrakh, and the company will have to think about the treatment of recourse to the tortfeasor, in this case, HPS. This can be done only within the limit of liability under the insurance contract Sayano-Shushenskaya GES. If these funds to cover the damage was not enough, as the tortfeasor for the damage the company meets its own finances ", - said A. Grigoriev.
Wednesday 0 comments

Major reinsurers in 2010 will raise rates for property reinsurance

Posted by DeXtR at 3:13 AM | Labels: , , ,
World's largest reinsurers - Munich Re and Swiss Re, will be difficult to justify the planned increase in the cost of property reinsurance in 2010 in the absence of large-scale disasters.

Writes "Finance." citing Agency Bloomberg, since September reinsurers began discussing the extension of contracts with customers for the next year. In 2008, he "helped" hurricane Ike - damage in Texas cost the insurance industry about $ 20 billion, resulting in reinsurance rates have jumped by about 8% this year, after declining during 2007-2008. This year, to the coast of the USA has not yet reached any such large-scale hurricane.
Acheter Soma


Acheter Celebrex

Acheter Celexa


Acheter Effexor


Acheter Levaquin


Acheter Desyrel


Acheter Nexium


Acheter Acomplia


Acheter Synthroid


Acheter Clomid


Acheter Lexapro


Acheter Viagra Brand

Acheter Deltasone


Acheter Viagra + Cialis + Levitra


Acheter Cipro


Acheter Kamagra


Acheter Nolvadex


Acheter Lasix


Acheter Zithromax

Acheter Levitra
"Reinsurers will be difficult to prove the need for substantial tariff increases for next year, as hurricane season in 2009 was extremely quiet - said Markus Engels from Allianz Global Investors. - I expect stability or modest growth rates in the next year."

Another constraint on growth rates in the area of reinsurance, a rally in the stock market: in March a consolidated MSCI World stock index rose by 52%, which allowed insurance companies to replenishcapital, said Moritz Remann of DJE Kapital AG.

Share Capital 6 largest insurance companies in Europe - German Allianz, France's Axa SA, the Italian Assicurazioni Generali SpA, the Swiss Zurich Financial Services AG and Britain's Prudential Plc and Aviva Plc - rose by 3% in January-June 2009. Last year, the market capitalization of these companies fell by 23%.

"Insurers are no longer rely on the mercy of reinsurers as it was a year ago - said an analyst at Collins Stewart, Ben Cohen. - Third quarter, it seems, will also bring improvement.

About two-thirds of the treaties in the sphere of property reinsurance renewed in January, the rest - in April and July.

Munich Re expects to increase rates by at least 3-5% to compensate for lower interest rates around the world, said in the June, Chief Financial Officer Joerg Schneider. However, at present the company is no longer hoped for a similar rise in the cost of reinsurance.
0 comments

U.S. banks have devised a new investment instrument, making the insurance contract in bonds

Posted by DeXtR at 2:50 AM | Labels: ,
U.S. banks can put a bomb under the next financial market. After the collapse of the mortgage, they decided to make money, making the contract of insurance patients and the elderly in bonds and offer them to the market.

New tools may mark the return of Wall Street to produce new and complex product.

Investment banks on Wall Street looked for new large-scale ideas as «make money». Bankers plans to buy a life insurance contract that are sick or elderly people sell for money - roughly the price of $ 400 thousand for every $ 1 million insurance policy on the expected lifetime of the insured person. Then the banks plan to securitize these policies, that is to release a package of hundreds or thousands of such policies and bonds place them among investors, such as large pension funds, who will receive payments after the death of the insured person informs «Interfax», with reference to The New York Times .

The sooner the insured dies, the more banks will profit. However, if a man live longer than expected, investors may lose money. In any case, the bankers would receive a substantial profit at the expense of the commission from issuing bonds and then reselling them to trade. But experts warn that insurers can increase premiums in the short term, if they have to pay more insurance claims for death than they expected.
After the financial crisis of exotic investments, invented by Wall Street, have come under fire. Mortgage securities, credit default swaps (CDS), structured investment funds (SIV), as well as collateralized debt obligations (CDO), proved to be more risky than expected.

According to experts, the various financial innovations can be a good way to reduce costs by giving consumers more freedom of choice for investment, and in a broader sense - helping the economy grow. In particular, the alleged purchase of life insurance policies allow people to get money from their policies, while they are still alive. However, some experts believe that Wall Street so quickly revert to earlier times and will give chase for profits through the issuance of new sophisticated products.

Recall: A considerable share of responsibility for the emergence of the crisis on Wall Street puts the public in America and abroad. A recession in most major economies in the world was a result of the global financial crisis, which, experts believe, began with the mortgage crisis in the USA. In August 2007, the mortgage into a financial crisis, when banks around the world have begun to write off mortgage assets unreliable. This led to a drop in demand for commodities and a decline in most countries of the world.
0 comments
Subscribe to: Posts (Atom)