Thursday, November 24, 2016

UOKiK to increase CTP primarily influenced by economic factors – Onet.pl

Prime Minister Beata awl, ask you on Thursday during a morning press conference about a possible intervention of the government in connection with the sharp growth of prices on the market of compulsory insurance policy, communication insurance, deklarowała that it is waiting for the decision from the UOKiK.

“Leads and sees this story, UOKiK, i.e. the organization that is the most authorized. Waiting for the decision, which will be presented to the UOKiK,” said the Prime Minister.

UOKiK, answering a question from REUTERS about the former the results of these actions indicated that, in cooperation with the Financial Supervision Commission “for some time”, analyzes the market situation in connection with the increase in the cost of insurance policies and AC.

“In the first place analyzes the signals that bounce back from consumers (at the moment there are random signals, mostly calls). We monitor market processes. Evaluating available signals from the consumers and market, it seems that on the current rise, mainly influenced by economic factors, for example, the effects of war price of insurers conducted years, restoring profitability services automobile insurance”, – said the Department sends PAP.

“of Course, we constantly analyze what we receive – if there are grounds – will act administratively. At the moment, we do market research,” he added.

Immediate intervention of the ws. increased insurance insurance demanded on Tuesday with Prime Blows with an Awl AFTER the deputies, who noted that Poland was 31 million vehicles covered by such insurance, and, therefore, more than 20 million people in Poland, he must face a sharp increase in prices, on average by 36%. in extreme cases, even 500 percent.

According to the Vice-President of the office for the Protection of Competition and Consumers Polish Karczewskiej, which was based on the calculations, the KNF, the result of increases in average prices for AC and CTP increased still by 20-30%.

Karczewska, asked in mid-November in the Parliament to the deputies ‘ questions about the sharp rise in prices on car insurance, noted that if the cost of the policy will not increase, it will lead to latching nierentowności insurance-communication technologies that in the long term may pose a threat to the stability of system of insurance and compensation. In her opinion, it is impossible not to notice the correlation of the amount of the premium from the level of benefits.

Karczewska has provided information which suggests that at the end of 2015. there was a “higher technical loss in the history of the Polish insurance market in the amount of almost one billion rubles.” Vice-President of the UOKiK said that the total loss in children 2011-16 years amounted to almost 4 billion rubles.

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