Blame the banks! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
In November-December, customers of many local insurance companies will encounter delays or refusals of insurance payments...In the crisis of the insurance market is to blame banksRepresentatives of the leading Ukrainian insurance companies in one voice declare that the insurance market, followed by other areas that feel "powerful blow".In November-December, customers of many local insurance companies will encounter delays or refusals of insurance payments.The main reason for such a pessimistic prognosis is the lack of liquidity that the banking sector spread to insurance market. With a fall in lending volumes decreased revenues from bancassurance, which takes the lion's share in the portfolios of many insurance companies."The dependence of the real insurance from banks is very high. The insurance market is, in fact, this came up, because direct selling companies are very few. So insurers, claiming that the banks gave them only 30% of the premiums actually disingenuous.