Monitoring of the Federal Legislation dated 3.03.2008

Decision of the Government of the Russian Federation No. 130 of February 29, 2008 on the Amendments to the Insurance Tariff Rates for Obligatory Insurance of Civil Liabilities of Owners of Transport Vehicles, Their Structure and Procedure of Application by Insurers in the Determination of the Insurance Premium

From March 1, 2008, changes the rules of forming of insurance tariff rates for obligatory insurance of civil liabilities of owners of transport vehicles pertaining to some coefficients of insurance tariff rates.

Decision of the Government of the Russian Federation No. 129 of February 29, 2008 on the Amendments to the Rules of Obligatory Insurance of Civil Liabilities of Owners of Transport Vehicles

From March 1, 2008, introduces a new form of insurance policy of obligatory insurance of civil liabilities of the owner of transport vehicle.