At the same time, it is partially offset by a decrease in the level of commission expenses, which indicates philippines telegram data reasonable conservatism of market participants in managing the insurance portfolio. However, it is important to note that this conservatism should be maintain, because losses in mass types are a manageable and predictable value, unlike the dynamics of large losses. We believe that insurers should maintain high quality underwriting and reserve discipline in any circumstances, regardless of the level of investment profitability. Otherwise, such a decrease in the quality of the insurance portfolio may bring short-term success in expanding the business, but will create long-term problems in managing losses.
Russian insurance sector
such as capital adequacy, reserve levels, and compliance with other regulatory requirements? Are there any problems in this regard?
— In July 2024, another planned increase in risk coefficients took place as part of the calculation of regulatory capital. Insurers went through this stage quite calmly, given their existing capital reserves.
Much greater pressure on the capital reserve
was exerted by two market factors, this pressure was concentrated in the life insurance segment. Firstly, this is the interest rate risk on investment instruments with fixed income, which use a content delivery network (cdn) increased following the key rate, and it is these instruments that predominate agb directory in insurers’ portfolios. Secondly, this is the insurance risk on life insurance, which has increased many times due to the dynamic growth of investment life insurance and life insurance.
