Last week, insurers are summed up in the first half. The results though were better than projected, but still the market dipped by 17%. More than other crisis-affected casco insurance: significant decline in sales of new cars and nearly a full stop bank lending led to a decrease in sales of policies by a third. In this case, if we talk about amounts, in dollar terms, some insurers talk about reducing the market by nearly 60%. Market sentiment about the immediate future casco insurance is still far from optimistic.
In the fourth quarter has traditionally accounted for up to 60% of the second half due to high consumer activity in this period. But this year, traditional animation can not be expected: in addition to remaining a difficult economic situation, insurers are afraid and political negativity. Waning and customer expectations, experiencing serious about the solvency of companies. Concerning the latter factor, however, the Financial Services Commission is set sufficiently tight. The Commission seems to be obsessed with bringing order to the market, and has already suspended the licenses of 12 companies and 11 canceled. In the market say, that matters to the Commission there are still a number of companies and of the ongoing time analysis of insurers active in the segments of the hull and osago may cost more licenses to some of them. The situation with car insurance as a whole slightly sweetened figures report on mandatory liability insurance for car owners: a significant increase in fines and tough stance traffic police to control the presence of contracts osago led to increased sales by 6%. Experts predict that in the fourth quarter of the dynamics of osago remain positive, regardless of the political situation: "Before the end of the year, car owners who bought cars in 2007, must pass inspection to get the coupons until 2011, and without compulsory motor tpl insurance policy will make it virtually impossible, "- said to provide one of the insurance companies, who requested anonymity.