The cost of the insurance is reflected in the amount of the insurance premium (fee).The award - the price for the services of the insurer, he is obliged to provide in the event of prescribed in the treaty event.It is based on the tariff rate (or rate).
Insurance rate - is expressed in rubles premium rate that is paid per unit of the insurance sum.
Award must be such that it could cover possible claims of the insured, and to create reserves to cover the company's costs of doing business and ensure profits.
price of insurance services is dependent on the demand for it and the amount of interest on bank deposits.Also, it affects the structure of the insurance portfolio (a set of risks) and administrative expenses.
If insurance rates are set by law (centrally), the rate of voluntary insurance can be calculated by the insurer, while it significantly affects the financial stability of the insurance operations.
rates are calculated using statistical and mathematical methods, which are called actuarial calculations.They allow you to determine the share of the insurer in the general insurance fund.Select a methodology, based on the insured risk, the timing, nature and bonuses.
full insurance rate is commonly called "gross rate".It is composed of net-rate and load.Net interest includes a risky bet (insurance fund) and the risk premium (reserve fund).The load consists of the cost of doing business (profit), and the provision of preventive measures.
Net rate - this is the part of the tariff, which is directed to the formation of reserves for future payments upon the occurrence of insured events.Due to the inclusion of a risky bets made Provision for insurance payments.Reserve Fund, created by the risk premiums, is necessary in the circumstances of the actual settlement of cases exceeding the number of payments.Load
called that part of the amount, which is included in insurance rates to cover the cost of doing business, the formation of profit and creation of a warning of the insurer.
insurance is carried out either individually or in a collective form.In the latter case, the calculation of premiums is carried out under the simplified scheme, based on the averaged data.
Insurance rates on risky types (other than life insurance) is calculated on the basis of the statistics or other information on a particular type of insurance.
of life insurance in the net interest rate is determined in a different way, based on the tables.Gross rate includes a base portion (net rate) and load it to cover the costs of doing business.Net interest also consists of two parts - the storage fee and the risk rate (payment in case of death).
Insurance rates for insurance are set centrally by the Government of the Russian Federation, that is, they are the same for all insurance companies.This means that knowing the current insurance rates, you can manually calculate the cost of a policy for a particular insurance contract.Keep in mind that, in addition to tariffs, the cost of the policy is influenced by many other factors such as the age of the driver;driving experience;the number admitted to the management of entities;region;characteristics of the car, etc.The rates in this type of security varies depending on whether there was a driving history of accidents.Thus, the formula CTP includes base rate multiplied by its corrective various ratios.
tariff policy of insurance companies based on the following principles.This principle of self-support operations and their profitability, the equivalence of insurance relations between all parties of contracts, tariffs for access to everyone and their stability for a long time.
