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The Bank of Russia will capitalize on the national reinsurer

The Bank of Russia will allocate 165 billion rubles for the capitalization of the Russian National Reinsurance Company (RNPC), said at a press conference on September 11, the Chairman of the Central Bank Elvira Nabiullina. RNPC’s capital will be increased in September. The decision will allow the reinsurer to fulfill all assumed obligations, explained Nabiullina. RNPC provides services to key industries on preferential terms, in particular, actually reinsures all the risks of terrorism and sabotage.

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The Bank of Russia will capitalize on the national reinsurer

The Bank of Russia will allocate 165 billion rubles for the capitalization of the Russian National Reinsurance Company (RNPC), said at a press conference on September 11, the Chairman of the Central Bank Elvira Nabiullina. RNPC’s capital will be increased in September. The decision will allow the reinsurer to fulfill all assumed obligations, explained Nabiullina. RNPC provides services to key industries on preferential terms, in particular, actually reinsures all the risks of terrorism and sabotage.

Source: Ведомости ↗

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