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RESOLUTION OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF BELARUS

of December 19, 2019 No. 77

About change of resolutions of the Ministry of Finance of the Republic of Belarus of January 11, 2010 No. 2 and of June 20, 2014 No. 38

Based on paragraphs two and the ninth Item 13, of parts one, the second and paragraph two of part three of Item 59 of the Regulations on insurance activity in the Republic of Belarus approved by the Presidential decree of the Republic of Belarus of August 25, 2006 No. 530, and Item 10 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585, the Ministry of Finance of the Republic of Belarus DECIDES:

1. Make changes to the following resolutions of the Ministry of Finance of the Republic of Belarus:

1.1. to be reworded as follows appendix 13 to the Instruction about procedure for creation and submission of the accounting records of insurance companies approved by the resolution of the Ministry of Finance of the Republic of Belarus of January 11, 2010 No. 2, it (is applied);

1.2. in the resolution of the Ministry of Finance of the Republic of Belarus of June 20, 2014 No. 38 "About establishment of standard rates of safe functioning for insurance companies and approval of the Instruction about procedure of payments, applications and estimates of accomplishment of standard rates of safe functioning for insurance companies":

state the name in the following edition:

"About standard rates of safe functioning for insurance companies";

state preamble in the following edition:

"Based on the paragraph of the ninth Item 13 of the Regulations on insurance activity in the Republic of Belarus approved by the Presidential decree of the Republic of Belarus of August 25, 2006 No. 530, and Item 10 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585, the Ministry of Finance of the Republic of Belarus DECIDES:";

in Item 2:

"enclosed" to exclude the word;

add Item with the word "(is applied)";

in Item of 1 appendix to this resolution:

exclude subitem 1.2;

to exclude from subitem 1.6 of the word "insurance and";

To be reworded as follows the instruction about procedure of payments, applications and estimates of accomplishment of standard rates of safe functioning for insurance companies approved by this resolution it (is applied).

2. This resolution becomes effective after its official publication.

First Deputy Minister

Yu.M.Seliverstov

Appendix 13

to the Instruction about procedure for creation and submission of accounting records of insurance companies
(in edition of the Resolution of the Ministry of Finance of the Republic of Belarus of December 19, 2019 No. 77)

Form

The note to the accounting records ___________________________________________________
(name of insurance company)
about standard rates of safe functioning for insurance companies
for ____________________ 20 ___.

 

Name of indicator

Code of line

Size

Expenses on conducting case (line 150  of the profit and loss statement), Belarusian rubles

1

 

Commission fee and bonuses on the risks transferred to reinsurance (line 155  of the profit and loss statement), Belarusian rubles

2

 

The amount earned (subject to obtaining) commission fee in case of return of insurance indemnity (respective share of insurance indemnity) on obligatory civil liability insurance of owners of vehicles by insurance company (The Belarusian bureau on transportation insurance) to other insurance company (To the Belarusian bureau on transportation insurance) which completely compensated harm to the victim (from line 160  of the profit and loss statement), Belarusian rubles

3

 

The amount earned (subject to obtaining) commission fee under agreements of joint insurance (from line 160  of the profit and loss statement), Belarusian rubles

4

 

Contributions to funds of precautionary (preventive) actions, the guarantee funds and other funds formed according to the legislation (the amount  of lines 130 and 140  of the profit and loss statement), Belarusian rubles

5

 

The amount of award to the insurance agents performing on behalf of insurance company intermediary activities for insurance based on the civil agreement (from line 165  of the profit and loss statement), Belarusian rubles

6

 

Insurance premiums (insurance premiums) taking into account reinsurance, net ( line 074  of the profit and loss statement), Belarusian rubles

7

 

Change of reserve of not earned premium taking into account reinsurance, net ( line 082  of the profit and loss statement), Belarusian rubles

8

 

Cancelled outstanding receivables of insurers (reinsurers) in case of non-execution of obligations by them on payment of the insurance premiums assessed in the preceding accounting period (from line 165  of the profit and loss statement), Belarusian rubles

9

 

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