The document discusses insurance trends in Russia's transport sector. It notes that motor insurance like Casco and CMTPL make up the majority of insurance premiums collected, while cargo insurance accounts for a small share. Cargo insurance and insurance covering carriers' liability are underdeveloped in Russia compared to other transport insurance. The document calls for steps to stimulate cargo insurance to improve transport safety across Russia and its regions.

1. Insurance is one of the cornerstones for transport safety Conference “ Transport safety” St. Petersburg, April 6-7, 2011

3. Russian insurance, premium collected in 2006-2010, bln. Rbls Russian insurance market has not yet recovered completely after shock in 2008-2009. The growth of 2010 has compensated only the previous fall .

4. Casco insurance in Russia in 2009 and 2010, mln. Rbls Premium collected in casco in Russia still stagnates. The growth in 2010 was only 0,9% in spite of increase of new cars sales .

5. CMTPL insurance (OSAGO) in Russia in 2009 and 2010, mln. Rbls CMTPL (OSAGO) – is one of a few insurance products where sales increased in 2010 in Russia .

6. In Russia casco and CMTPL (OSAGO) makes 25% and 16,5% oot toal premium collected ( while if the Russian North-West these sgares are 39% и 19%). Cargo insurance in Russia makes 3%. РФ

7. North-West of Russia is a region where insurance of cargo shipments and responsibility of cargo carriers as less used by businesses (its share is less then 2 per cent of premium collected in the region connected with 3 per cent share in Russia)

8. Almost 60% of premium collected consists of casco (38,6%) and CMTPL (18,8%). Shares of various kinds of premium collected in the Russian North-West in 2010

9. In spite of more than 100 insurance companies involved in insurance of cargo shipments only 20-30 companies form the vast majority of this segment of insurance market. Concentration of collected premium on leading companies increased by 2010.

11. New market for Russian insurance companies appears due to introduction of a mandatory insurance of owners’s responsibility for exploitation of a dangerous property in case of harmful consequences (the so-called “OPO”) including transport .

12. What should be insured Now Since 1st January 2012 Potentially dangerous property – on a VOLUNTARY basis Water constructions - on a VOLUNTARY basis Potentially dangerous property should be insured unconditionally а) dangerous property means property that has certain sings of danger (including petrol stations) ; b ) water constructions include tunnels, canals, water sluices etc.