INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of January 9, 2019 No. 5052-U

About insurance rates or their limiting (maximum and minimum) values, structure of insurance rates, including the extreme amount of assignments for financing of compensation payments, procedure for application of insurance rates by insurers in case of determination of insurance premium under the agreement of obligatory civil liability insurance of the owner of dangerous object for damnification as a result of accident on dangerous object

1. This Instruction based on part 3 of article 7 of the Federal Law of July 27, 2010 No. 225-FZ "About obligatory civil liability insurance of the owner of dangerous object for damnification as a result of accident on dangerous object" (The Russian Federation Code, 2010, No. 31, Art. 4194; 2011, No. 43, Art. 5971; 2013, No. 9, Art. 874; No. 30, Art. 4084; No. 52, Art. 7010; 2014, No. 45, Art. 6154; 2016, No. 11, Art. 1483; No. 22, Art. 3094; No. 26, Art. 3891; No. 52, of the Art. 8102) (further - the Federal Law of July 27, 2010 No. 225-FZ) establishes insurance rates or their limiting (maximum and minimum) values, structure of insurance rates, including the extreme amount of assignments for financing of compensation payments, procedure for application of insurance rates by insurers in case of determination of insurance premium under the agreement of obligatory civil liability insurance of the owner of dangerous object for damnification as a result of accident on dangerous object (further - the agreement of compulsory insurance).

2. In case of determination of insurance premium according to part 1 of article 7 of the Federal Law of July 27, 2010 No. 225-FZ the insurer shall determine the size of insurance rate by the agreement of compulsory insurance as the work of base rate of insurance rate, the coefficient to base rates reflecting absence or availability of insured events, and the additional decreasing coefficient established proceeding from the level of safety of dangerous object.

3. Limiting (maximum and minimum) values of base rates of insurance rates concerning the hazardous production facilities registered during the period from January 1 to May 8, 2018 according to the Federal Law of July 21, 1997 No. 116-FZ "About industrial safety of hazardous production facilities" (The Russian Federation Code, 1997, No. 30, Art. 3588; 2000, No. 33, Art. 3348; 2003, No. 2, Art. 167; 2004, No. 35, Art. 3607; 2005, No. 19, Art. 1752; 2006, No. 52, Art. 5498; 2009, No. 1, Art. 17, Art. 21; No. 52, Art. 6450; 2010, No. 30, Art. 4002; No. 31, Art. 4195, Art. 4196; 2011, No. 27, Art. 3880; No. 30, Art. 4590, Art. 4591, Art. 4596; No. 43, Art. 5971; No. 49, Art. 7015, Art. 7025; 2012, No. 26, Art. 3446; 2013, No. 9, Art. 874; No. 27, Art. 3478; 2015, No. 1, Art. 67; No. 29, Art. 4359; 2016, No. 23, Art. 3294; No. 27, Art. 4216; 2017, No. 9, Art. 1282; No. 11, Art. 1540; 2018, 31, the Art. 4860) or concerning which changes were entered in the state register of hazardous production facilities during the period from January 1 to May 8, 2018 according to the order of Rostekhnadzor of November 25, 2016 No. 494 "About approval of Administrative regulations on provision by Federal Service for Environmental, Technological and Nuclear Supervision of the state service in registration of hazardous production facilities in the state register of hazardous production facilities" the registered Ministry of Justice of the Russian Federation on February 2, 2017 No. 45502, are established No. in appendix 1 to this Instruction.

Base rates of insurance rates concerning the dangerous objects which are not specified in paragraph one of this Item are established in appendix 2 to this Instruction.

4. For determination of base rate of insurance rate proceeding from limiting (maximum and minimum) values of base rates of the insurance rates established in appendix 1 to this Instruction, the insurer within 30 working days from the date of representation by the insurer of the documents specified in Item 1 of part 2 of article 11 of the Federal Law of July 27, 2010 to No. 225-FZ shall:

perform the analysis of technical and constructive characteristics of dangerous objects (further - the analysis) based on the documents specified in paragraph one of this Item;

independently within the maximum and minimum values of base rates of the insurance rates established in appendix 1 to this Instruction to determine base rate of insurance rate by analysis results;

constitute on paper the document containing reasons for result of determination of base rate of insurance rate.

5. The coefficient to base rates of insurance rates reflecting absence or availability of insured events is established equal to unit.

6. The structure of insurance rates, including the extreme amount of assignments for financing of compensation payments, is established in appendix 3 to this Instruction.

7. This Instruction becomes effective after 10 days after day of its official publication.

8. From the date of entry into force of this Instruction to declare invalid the Instruction of the Bank of Russia of December 19, 2016 No. 4234-U "About insurance rates, structure of insurance rates, including the extreme amount of assignments for financing of compensation payments, procedure for application of insurance rates by insurers in case of determination of insurance premium under the agreement of obligatory civil liability insurance of the owner of dangerous object for damnification as a result of accident on dangerous object", registered by the Ministry of Justice of the Russian Federation on February 20, 2017 No. 45716.

Appendix 1

to the Instruction of the Bank of Russia of January 9, 2019 No. 5052-U "About insurance rates or their limiting (maximum and minimum) values, structure of insurance rates, including the extreme amount of assignments for financing of compensation payments, procedure for application of insurance rates by insurers in case of determination of insurance premium under the agreement of obligatory civil liability insurance of the owner of dangerous object for damnification as a result of accident on dangerous object"

Limiting (maximum and minimum) values of base rates of insurance rates concerning hazardous production facilities

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