"No, we are not considering support measures because we believe the…
"No, we are not considering support measures because we believe the insurance sector as a whole has sufficient resilience," she answered when asked whether any support measures for insurance companies and RNPK were being considered in light of attacks on marketplace warehouses and rising insurance claims.
Consensus
- The Central Bank of Russia is not considering introducing support measures for insurance companies due to drone attacks on distribution centers.
- Insurance companies and the Russian National Reinsurance Company (RNPC) have sufficient financial resources to cover payouts.
- There has been a rise in insurance payouts as a result of the drone attacks.
- The Russian National Reinsurance Company provides reinsurance for property risks, including terrorism and drone attacks.
- The Central Bank's chairperson, Elvira Nabiullina, made these statements during a press conference following a regulatory meeting on July 24.
- Drone attacks targeted Wildberries distribution centers in multiple regions of Russia.
Points of divergence
- The governor of Leningrad Oblast, Alexander Drobotenko, reported that three people were injured during a fire at a Wildberries warehouse in Novosaratovka village. The press service of Wildberries and Russ (RWB) stated no one was harmed. — vedomosti
- A total of 59 drones were shot down over the region during the night of July 24, affecting logistics operations in Shushary and Utkino Zavod. — vedomosti
- One person was killed and ten injured in an attack on a Wildberries & Russ warehouse in Nevinnomyssk on July 22. A state of emergency at the local level was declared, and a criminal case under Article 205 of the Russian Criminal Code (terrorism) was opened. — vedomosti
- The shock from Ukrainian drone attacks may affect inflation trends, according to Nabiullina. — vedomosti
- Insurance policies for large industrial facilities currently exclude terrorist risks and drone attacks. — fontanka
- The Russian National Reinsurance Company (RNPK) wants to reduce coverage for drone and terrorism insurance due to high losses. — fontanka
- Approximately 10% of Wildberries' logistics capacity was affected by attacks over the past week. — kommersant
Coverage (6 sources)
- Central Bank does not consider support measures for the insurance market amid drone attacks on warehouses — Фонтанка
- Central Bank Will Not Support Insurance Companies Due to Attacks on Marketplace Warehouses — Дождь
- Central Bank does not plan to support insurers after attacks on marketplace warehouses — Ведомости
- Naibiulina: Central Bank does not plan measures to assist insurers due to attacks on WB warehouses — Коммерсантъ
- Central Bank Does Not Consider Support Measures for Insurance Companies Due to Attacks on Marketplace Warehouses — Интерфакс
- Central Bank Will Not Support Insurance Companies Due to Attacks on Marketplace Warehouses — Дождь (Telegram)
Key entities
- CB
- Elvira Nabiyullina
- Russian National Public Corporation
- Bank of Russia
- Central Bank
- Moscow
- INTERFAX.RU
- Russia
- Wildberries
- WB
- Russian National Reinsurance Company
- Russian National Reinsurance Company