INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 16, 2014 No. 3444-U

About procedure for investment of means of insurance reserves and the list of the assets permitted for investment

List of amending documents

This Instruction based on article 26 of the Law of the Russian Federation of November 27, 1992 No. 4015-1 "About the organization of insurance case in the Russian Federation" (Sheets of the Congress of People's Deputies of the Russian Federation and the Supreme Council of the Russian Federation, 1993, No. 2, Art. 56; Russian Federation Code, 1998, No. 1, Art. 4; 1999, No. 47, Art. 5622; 2002, No. 12, Art. 1093; No. 18, Art. 1721; 2003, No. 50, Art. 4855, Art. 4858; 2004, No. 30, Art. 3085; 2005, No. 10, Art. 760; No. 30, Art. 3101, Art. 3115; 2007, No. 22, Art. 2563; No. 46, Art. 5552; No. 49, Art. 6048; 2009, No. 44, Art. 5172; 2010, No. 17, Art. 1988; No. 31, Art. 4195; No. 49, Art. 6409; 2011, No. 30, Art. 4584; No. 49, Art. 7040; 2012, No. 53, Art. 7592; 2013, No. 26, Art. 3207; No. 30, Art. 4067; No. 52, Art. 6975; 2014, No. 14 Art. 1549; No. 23 of Art. 2934; No. 30, Art. 4224; No. 45, the Art. 6154) (further - the Law of the Russian Federation "About the organization of insurance case in the Russian Federation"), article 20 of the Federal Law of November 29, 2007 No. 286-FZ "About mutual insurance" (The Russian Federation Code, 2007, No. 49, Art. 6047; 2012, No. 53, Art. 7619; 2013, No. 30, Art. 4084; 2014, No. 45, the Art. 6154) establishes the list of the assets permitted for investment and the procedure for investment of means of insurance reserves providing requirements to issuers of securities or issues of securities depending on assignment of ratings, inclusion in quoted lists by organizers of trade in the security market to structure of assets in which investment of funds of insurance reserves is allowed (including the requirements providing the maximum permitted percent of cost of each asset type or group of assets from the size of insurance reserves or separate types of insurance reserves).

1. The total cost of assets in which means of insurance reserves are invested shall be equal to the total size of insurance reserves of the insurer.

2. This Instruction does not extend to medical insurance companies regarding transactions on compulsory medical insurance.

3. Means of insurance reserves cannot be invested in assets in which own means (capital) of the insurer are invested. If own means (capital) of the insurer are invested in part of asset cost, means of insurance reserves can be invested in the rest of cost.

4. The asset cost in which means of insurance reserves are invested is determined for calculating date in assessment by accounting data if other is not established by the legislation of the Russian Federation.

5. Assets in which means of insurance reserves are invested cannot be pledge subject.

6. For investment of means of insurance reserves the following asset types taking into account the requirements specified in Item 7 of this Instruction are taken.

6.1. Government securities of the Russian Federation and securities on which obligation fulfillment is guaranteed by the Russian Federation (including by guaranteeing obligation fulfillment, following from the bank guarantees and (or) guarantees providing obligation fulfillment, following from the specified securities).

6.2. Government securities of subjects of the Russian Federation.

6.3. Municipal securities.

6.4. Shares.

6.5. The bonds which are not relating to the securities specified in subitems 6.1 - 6.3, 6.6, 6.17 these Items.

6.6. Housing certificates.

6.7. Investment shares of mutual investment funds.

6.8. The money placed in the deposits including certified by deposit certificates.

6.9. Remaining balance on the depersonalized metal accounts.

6.10. Real estate.

6.11. Share of overcautious persons in insurance reserves.

6.12. Depot of awards on the risks accepted in reinsurance.

6.13. Receivables of insurers, overcautious persons, reinsurers, insurers, insurance agents and insurance brokers.

6.14. Cash in cash desk.

6.15. Money on bank accounts.

6.16. Gold bars, silver, platinum and palladium, and also the commemorative coins of the Russian Federation from precious metals which are stored in banks.

6.17. Mortgage securities.

6.18. Loans to insurers according to life insurance contracts.

7. Assets in which means of insurance reserves are invested shall correspond to the following conditions.

7.1. The securities specified in subitems 6.2 - 6.6 Items 6 of this Instruction, except for the bonds specified in paragraph four of this subitem, belonging to the assets which are in the territory of the Russian Federation shall correspond to one of the following requirements:

the issuer (release) of security has the rating of one of rating agencies conforming to requirements of Item 11 of this Instruction;

securities are included in the quoted list of the first (highest) level at least by one organizer of trade in the security market in the Russian Federation (the Russian exchange);

bonds are issued by the issuer who is the concessionary according to the concessionary agreement signed in accordance with the legislation of the Russian Federation about concessionary agreements according to which concedent is the Russian Federation either the subject of the Russian Federation, or the municipality with population more than one million people, and the amount of nominal values of all bonds of this issuer which are in circulation for every day does not exceed 110 percent of the volume of investment provided by all concessionary agreements signed by this issuer.

7.2. The securities specified in subitems 6.4 - 6.6, 6.17 Item 6 of this Instruction, not belonging to the assets which are in the territory of Russian to Fedya of the radio set (except for the securities issued by international financial institutions and hypothecation certificates of participation), shall conform to the following requirements at the same time:

the issuer (release) of security has the rating of one of rating agencies conforming to requirements of Item 11 of this Instruction;

securities are included in the quoted list (underwent the procedure of listing) at least one of the following organizers of trade in the security market (stock exchange):

American stock exchange (America№Stock Exchange);

Hong Kong Stock Exchange;

Евронекст (Euronext Amsterdam, Euronext Brussels, Euronext Lisbon, Euronext Paris);

Irish Stock Exchange;

Spanish stock exchange (BME Spanish Exchanges);

Borsa Italiana;

Korean exchange (Korea Exchange);

London stock exchange (Londo№Stock Exchange);

Luxembourg Stock Exchange;

Nasdak (Nasdaq);

German stock exchange (Deutsche Borse);

New York Stock Exchange;

Tokyo Stock Exchange Group;

Toronto stock exchange (Toronto Stock Exchange, TSX Group);

Stock exchange of Switzerland (Swiss Exchange);

Shanghai Stock Exchange;

MICEX Stock Exchange Ltd.

7.3. The securities issued by international financial institutions shall be included in the Lombard list of the Bank of Russia.

7.4. Concerning the housing certificates specified in subitem 6.6 of Item 6 of this Instruction, certificates shall be issued in the territory of the Russian Federation by issuers - legal entities who have the customer's rights to housing construction.

7.5. Concerning the investment shares specified in subitem 6.7 of Item 6 of this Instruction, rules of trust management of mutual investment funds shall be registered in accordance with the established procedure by the Bank of Russia and have the investment declaration containing list of investment objects which is limited to the assets specified in subitems 6.1 - 6.6, 6.8 - 6.10, 6.14, 6.15, 6.17 Items 6 of this Instruction.

7.6. The assets specified in subitems 6. 8, 6.9, 6.15 Item 6 of this Instruction, shall be placed in the banks having the license for banking operations and having the ratings of one of rating agencies conforming to requirements of Item 11 of this Instruction.

7.7. The assets specified in subitem 6.10 of Item 6 of this Instruction shall conform to the following requirements.

7.7.1. Market value of real estate object is confirmed by the independent appraiser with frequency at least once a year in accordance with the legislation of the Russian Federation.

7.7.2. Means of insurance reserves are invested in real estate objects at the cost which is not exceeding their market value.

7.7.3. The following restrictions (encumbrances) are not imposed on real estate object:

arrest;

prohibition on sale or other alienation;

rent of the real estate which is in individual or common ownership of citizens of the Russian Federation.

7.8. Concerning shares of overcautious persons in the insurance reserves specified in subitem 6.11 of Item 6 of this Instruction, overcautious persons shall correspond to one of the following requirements.

7.8.1. The overcautious persons who are residents of the Russian Federation shall have the license for implementation of reinsurance and meet requirements of article 25 of the Law of the Russian Federation "About the organization of insurance case in the Russian Federation".

7.8.2. The overcautious persons who are not residents of the Russian Federation shall have the right according to the national legal system of the state in the territory of which they are founded, to perform reinsurance activities and to have the rating of one of rating agencies conforming to requirements of Item 11 of this Instruction.

7.9. Receivables of insurers, overcautious persons, reinsurers, insurers, insurance agents and insurance brokers specified in subitem 6.13 of Item 6 of this Instruction shall result from transactions of insurance, joint insurance and reinsurance and not to be overdue.

7.10. Receivables of insurers which resulted from calculations for direct indemnification in accordance with the legislation of the Russian Federation about obligatory civil liability insurance of owners of vehicles shall be reduced by the amount of the accounts payable which resulted from the same settlings with insurers.

7.11. Gold bars, silver, platinum and palladium, and also the commemorative coins of the Russian Federation from precious metals specified in subitem 6.16 of Item 6 of this Instruction shall be stored in the banks having the license for banking operations.

7.12. The loans specified in subitem 6.18 of Item 6 of this Instruction shall be provided according to article 26 of the Law of the Russian Federation "About the organization of insurance case in the Russian Federation" to insurers - physical persons according to the life insurance contracts signed for the term of at least five years within the mathematical reserve created according to the life insurance contract on condition of their provision not earlier than in two years since the beginning of validity of life insurance, and on paid basis (with condition of the payment for use of loan in the amount of at least rate of return from placement of reserve on life insurance used when calculating insurance rate).

7.13. Means of insurance reserves cannot be invested in the following asset types: securities which issuers are insurers, deposits and shares in the share or authorized capital of insurers; securities at the time of which acquisition it was known that concerning their issuers sanitation is performed or insolvency proceeding (observation, external management, bankruptcy proceedings) in accordance with the legislation of the Russian Federation about bankruptcy is entered or such procedure was applied to their issuers during two previous years.

7.14. The mortgage securities specified in subitem 6.17 of Item 6 of this Instruction, except for hypothecation certificates of participation, relating to the assets which are in the territory of the Russian Federation shall correspond to one of the following requirements:

the issuer (release) of security has the rating of one of rating agencies conforming to requirements of Item 11 of this Instruction;

securities are included in the quoted list of the first (highest) level at least by one organizer of trade in the security market in the Russian Federation (the Russian exchange);

obligation fulfillment of the issuer on issue of securities in full or is partially provided with the state guarantees of the Russian Federation or the solidary guarantee of "Agency for housing mortgage lending" joint-stock company.

8. The securities specified in subitems 6.1 - 6.6, 6.17 Item 6 of this Instruction in which means of insurance reserves are invested shall be completely paid by the insurer.

9. For the purpose of this Instruction the assets which are in the territory of the Russian Federation are the following assets.

9.1. Government securities of the Russian Federation and securities on which obligation fulfillment is guaranteed by the Russian Federation (including by guaranteeing obligation fulfillment, following from the bank guarantees and (or) guarantees providing obligation fulfillment, following from the specified securities).

9.2. Government securities of subjects of the Russian Federation.

9.3. Municipal securities.

9.4. Other securities specified in subitems 6.4 - 6.7, 6.17 Item 6 of this Instruction and issued by residents of the Russian Federation.

9.5. The money on accounts and also placed in the deposits including certified by deposit certificates and also remaining balance on the depersonalized metal accounts in the banks having the license for banking operations and being residents of the Russian Federation.

9.6. The real estate located in the territory of the Russian Federation.

9.7. Share in insurance reserves of the overcautious persons who are residents of the Russian Federation.

9.8. Depot of awards on the risks accepted in reinsurance at reinsurers - residents of the Russian Federation.

9.9. Receivables of the insurers, overcautious persons, reinsurers, insurers, insurance agents and insurance brokers who are residents of the Russian Federation.

9.10. Cash in cash desk in rubles.

9.11. Gold bars, silver, platinum and palladium, and also the commemorative coins of the Russian Federation from precious metals which are stored in the banks having the license for banking operations and being residents of the Russian Federation.

9.12. The loans issued to insurers according to life insurance contracts - to the physical persons which are residents of the Russian Federation.

10. Investment of means of insurance reserves can be performed by the insurer independently, and also by transfer of part of means of insurance reserves to trust management of the trustee who is residents of the Russian Federation.

By transfer to trust management of means of insurance reserves the insurer shall fulfill the requirements provided by this Instruction and also consider structure of the insurance portfolio, effective periods of insurance contracts, probability of approach of insurance event, possibility of discharge of duty on implementation of insurance payments when finding means of insurance reserves in trust management. Besides, the insurer provides possibility of unconditional withdrawal of part of means from trust management for implementation of insurance payments in the trust management agreement no later than the end of the fourth working day from the date of receipt of the notification by managing company in time.

11. In case of assessment of conformity of assets to requirements of this Instruction regarding availability the bank, the overcautious person, the issuer or issue of securities, other persons of credit rating shall have rating level not below the lower bound of the level established by the Board of directors of the Bank of Russia on classification of the rating agencies included in the list of rating agencies established by the Board of directors of the Bank of Russia.

12. Assets in which means of insurance reserves are invested shall meet the requirements providing the maximum permitted percent of cost of each asset type or group of assets from the size of insurance reserves or separate types of the insurance reserves specified in appendix to this Instruction (further - structural ratios).

13. The insurer invests the funds of insurance reserves in assets transferred in Item 6 of this Instruction and meeting requirements of this Instruction, but not specified in structural ratios without structural ratios.

14. For insurers (except the insurers performing obligatory civil liability insurance of owners of vehicles) the size of insurance reserves which means are invested according to this Instruction is determined as the amount of the insurance reserves created in accordance with the legislation of the Russian Federation.

For the insurers performing obligatory civil liability insurance of owners of vehicles, the size of insurance reserves which means are invested according to this Instruction is determined as the amount of the insurance reserves created in accordance with the legislation of the Russian Federation (except insurance reserve for compensation for expenses on implementation of insurance payments and direct indemnification in subsequent periods (stabilization reserve by obligatory civil liability insurance of owners of vehicles), and excesses of stabilization reserve on obligatory civil liability insurance of owners of vehicles over the amount of receivables of insurers which resulted from calculations for direct indemnification in accordance with the legislation of the Russian Federation about obligatory civil liability insurance of owners of vehicles the accounts payable reduced by the amount which resulted from the same settlings with insurers in which means of stabilization reserve on obligatory civil liability insurance of owners of vehicles are invested.

15. This Instruction is subject to official publication in "the Bulletin of the Bank of Russia" and according to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of November 6, 2014 No. 32) become effective from the date of entry into force of the order of the Ministry of Finance of the Russian Federation on recognition No. 100n which voided the order of the Ministry of Finance of the Russian Federation of July 2, 2012 "About approval of the Procedure for placement by insurers of means of insurance reserves", No. registered by the Ministry of Justice of the Russian Federation on August 3, 2012 25102, on January 28, 2013 No. 26722 (The Russian newspaper of August 17, 2012, of February 1, 2013).

16. The extreme size of the permitted percent provided by line 35 of appendix to this Instruction is established:

since July 1, 2015 equal 40%;

since January 1, 2016 equal 20%.

17. Means of insurance reserves can be invested in the assets specified in subitems 6.2 - 6.6, 6.8, 6.9, 6.11, 6.15, 6.17 Items 6 of this Instruction, not conforming to requirements of paragraph two of subitem 7. 1, subitem 7 paragraph two. 2, subitem 7. 6, subitem 7.8.2 of Item 7 of this Instruction, within 180 calendar days from the date of entry into force of this Instruction if means of insurance reserves or own means (capital) of the insurer were invested by the insurer in these assets for the date preceding day of entry into force of this Instruction.

18. Insurers (insurance companies and societies of mutual insurance) need to give structure and structure of assets in which means of insurance reserves, are invested in compliance with this Instruction within 20 calendar days from the date of entry into force of this Instruction.

Appendix

to the Instruction of the Central bank of the Russian Federation of November 16, 2014 No. 3444-U "About procedure for investment of means of insurance reserves and the list of the assets permitted for investment"

Structural ratios

№ of payment order	Asset types in which means of insurance reserves are invested	The limiting permitted percent
1	2	2
1	Cost of government securities of subjects of the Russian Federation and municipal securities	No more than 45% of the total size of insurance reserves
2	Cost of government securities of one subject of the Russian Federation	No more than 40% of the total size of insurance reserves
3	Cost of municipal securities of one local government body	No more than 40% of the total size of insurance reserves
4	Maximum amount of the money placed in the deposits including certified by deposit certificates and also remaining balance on the depersonalized metal accounts in banks	No more than 60% of the total size of insurance reserves
5	Cash amount, placed in the deposits including certified by deposit certificates and also remaining balance on the depersonalized metal accounts in the banks having the rating of one of rating agencies not below the upper bound of the level established by the Board of directors of the Bank of Russia on classification of the rating agencies included in the list of rating agencies established by the Board of directors of the Bank of Russia	No more than 60% of the total size of insurance reserves
6	Cash amount, placed in the deposits including certified by deposit certificates and also remaining balance on the depersonalized metal accounts in the banks having the rating of one of rating agencies not below the lower bound, but below the upper bound of the level established by the Board of directors of the Bank of Russia on classification of the rating agencies included in the list of rating agencies established by the Board of directors of the Bank of Russia	No more than 50% of the total size of insurance reserves
7	Maximum amount of the money placed in the deposits including certified by deposit certificates and also remaining balance on the depersonalized metal accounts in one bank	No more than 25% of the total size of insurance reserves
8	Share value	No more than 20% of the total size of insurance reserves
9	Bond value (except government securities of the Russian Federation and securities on which obligation fulfillment is guaranteed by the Russian Federation (including by guaranteeing obligation fulfillment, following from the bank guarantees and (or) guarantees providing obligation fulfillment, following from the specified securities), government securities of subjects of the Russian Federation, municipal securities and mortgage securities)	No more than 45% of the total size of insurance reserves
10	Cost of housing certificates	No more than 10% of the total size of insurance reserves
11	Cost of investment shares of mutual investment funds	No more than 15% of the size of insurance reserves on life insurance; no more than 10% of the size of insurance reserves on insurance to other, than life insurance
12	The total cost of the securities (the shares, bonds, etc.) issued (issued, emitted) one legal entity	No more than 10% of the total size of insurance reserves
13	The cost of the securities issued (issued, emitted) one bank, the money placed in deposits, including certified by deposit certificates, remaining balance on the depersonalized metal accounts and the money which is on accounts in the same bank	No more than 40% of the total size of insurance reserves
14	Real estate value	No more than 25% of the size of insurance reserves on life insurance; no more than 20% of the size of insurance reserves on insurance to other, than life insurance
15	Cost of one real estate object	No more than 10% of the total size of insurance reserves
16	The cost of gold bars, silver, platinum and palladium, and also commemorative coins of the Russian Federation from precious metals	No more than 15% of the total size of insurance reserves
17	The cost of the securities issued by international financial institutions and included in the Lombard list of the Bank of Russia	No more than 20% of the total size of insurance reserves
18	The total size of share of overcautious persons in insurance reserves (except share of overcautious persons in reserve of the declared, but not settled losses)	No more than 20% of the size of insurance reserves on life insurance; no more than 50% of the size of insurance reserves on insurance to other, than life insurance, except for reserve of the declared, but not settled losses. In case of implementation of the types of insurance specified in subitems 7 - 9, 15 - 18 Items 1 of article 32.9 of the Law of the Russian Federation "About the organization of insurance case in the Russian Federation", the permitted percent cannot be more than 60% of the size of insurance reserves on insurance to other, than life insurance, except for reserve of the declared, but not settled losses
19	The total size of share of the overcautious persons who are not residents of the Russian Federation, in insurance reserves (except share of overcautious persons in reserve of the declared, but not settled losses)	No more than 10% of the size of insurance reserves on life insurance; no more than 40% of the size of insurance reserves on insurance to other, than life insurance, except for reserve of the declared, but not settled losses. In case of implementation of the types of insurance specified in subitems 7 - 9, 15 - 18 Items 1 of article 32.9 of the Law of the Russian Federation "About the organization of insurance case in the Russian Federation", the permitted percent cannot be more than 50% of the size of insurance reserves on insurance to other, than life insurance, except for reserve of the declared, but not settled losses
20	The maximum size in insurance reserves (except share of overcautious persons in reserve of the declared, but not settled losses) is not lower than the level of share of one overcautious person who is resident of the Russian Federation and having the rating of one of rating agencies, the Item 11 of this Instruction conforming to requirements	No more than 10% of the size of insurance reserves on life insurance; no more than 35% of the size of insurance reserves on insurance to other, than life insurance, except for reserve of the declared, but not settled losses
21	The maximum size in insurance reserves (except share of overcautious persons in reserve of the declared, but not settled losses) is lower than the level of share of one overcautious person who is resident of the Russian Federation and not having rating or having the rating of one of rating agencies, the Item 11 of this Instruction conforming to requirements	No more than 10% of the size of insurance reserves on life insurance; no more than 25% of the size of insurance reserves on insurance to other, than life insurance, except for reserve of the declared, but not settled losses
22	The maximum size in insurance reserves (except share of overcautious persons in reserve of the declared, but not settled losses) shares of one overcautious person who is not resident of the Russian Federation, created in the territory of the state which is the member of one of the following international organizations: Eurasian Economic Union (EEU); Organization for Economic Cooperation and Development (OECD); Commonwealth of Independent States (CIS); Shanghai Cooperation Organization (SCO); Committee of experts of the Council of Europe according to measures of counteraction to money laundering and financing of terrorism (Manivel); Group of development of financial measures of anti-money laundering (FATF)	No more than 10% of the size of insurance reserves on life insurance; no more than 35% of the size of insurance reserves on insurance to other, than life insurance, except for reserve of the declared, but not settled losses
23	The maximum size in insurance reserves (except share of overcautious persons in reserve of the declared, but not settled losses) shares of one overcautious person, not being resident of the Russian Federation which is created in the territory of the state which is not the member of one of the international organizations specified in line 22 of this table	No more than 10% of the size of insurance reserves on life insurance; no more than 30% of the size of insurance reserves on insurance to other, than life insurance, except for reserve of the declared, but not settled losses
24	Depot of awards on the risks accepted in reinsurance	No more than 10% of the total size of insurance reserves
25	Receivables of insurers, reinsurers, insurance agents, insurance brokers on insurance premiums (fees), except for receivables specified in line 28 of this table	No more than 15% of the size of insurance reserves on life insurance; no more than 55% of the size of reserve of not earned premium on insurance to other, than life insurance
26	Receivables of insurers, reinsurers, insurance agents, the insurance brokers having the rating of one of rating agencies are not lower than the level, the Item 11 of this Instruction conforming to requirements for insurance premiums (fees), except for of receivables specified in line 28 of this table	No more than 15% of the size of insurance reserves on life insurance; no more than 55% of the size of reserve of not earned premium on insurance to other, than life insurance
27	Receivables of the insurers, reinsurers, insurance agents, the insurance brokers which do not have rating or having the rating of one of rating agencies are lower than the level, the Item 11 of this Instruction conforming to requirements for insurance premiums (fees), except for of receivables specified in line 28 of this table	No more than 10% of the size of insurance reserves on life insurance; no more than 45% of the size of reserve of not earned premium on insurance to other, than life insurance
28	Receivables of insurers under agreements of compulsory national insurance, receivables of the insurers who are the state or municipal customers according to the insurance contracts signed according to the procedure, No. 44-FZ established by the Federal Law of April 5, 2013 "About contractual system in the field of purchases of goods, works, services for ensuring the state and municipal needs" (The Russian Federation Code, 2013, No. 14, Art. 1652; No. 27, Art. 3480; No. 52, Art. 6961; 2014, No. 23, Art. 2925; No. 30, the Art. 4225) (further - the Federal Law "About Contractual System in the field of Purchases of Goods, Works, Services for Ensuring the State and Municipal Needs"), receivables of the insurers who are customers according to the insurance contracts signed according to the procedure, No. 223-FZ established by the Federal Law of July 18, 2011 "About purchases of goods, works, services as separate types of legal entities" (The Russian Federation Code, 2011, No. 30, Art. 4571; No. 50, Art. 7343; 2012, No. 53, Art. 7649; 2013, No. 23, Art. 2873; No. 27, Art. 3452; No. 51, Art. 6699; No. 52, Art. 6961; 2014, No. 11, the Art. 1091) (further - the Federal Law "About Purchases of Goods, Works, Services as Separate Types of Legal Entities"), and also receivables of the insurers under contracts of agricultural insurance with the state support imprisoned according to the procedure, No. 260-FZ established by the Federal Law of July 25, 2011 "About the state support in the field of agricultural insurance and about introduction of amendments to the Federal law "About Development of Agricultural Industry" (The Russian Federation Code, 2011, No. 31, Art. 4700; No. 50, Art. 7359; 2013, No. 30, the Art. 4084) (further - the Federal Law on the state support in the field of agricultural insurance)	No more than 100% of the size of reserve of not earned premium under agreements of compulsory national insurance, insurance contracts signed according to the procedure, established by the Federal Law "About Contractual System in the field of Purchases of Goods, Works, Services for Ensuring the State and Municipal Needs", according to the insurance contracts signed according to the procedure, established by the Federal Law "About Purchases of Goods, Works, Services as Separate Types of Legal Entities", and also under contracts of agricultural insurance with the state support, concluded according to the procedure, established by the Federal Law on the state support in the field of agricultural insurance
29	Total receivables on transactions of insurance, joint insurance and reinsurance, except for receivables specified in lines 25 - the 28th this table	No more than 25% of the total size of insurance reserves, except for reserve of not earned premium
30	The receivables of insurers which resulted from calculations for direct indemnification in accordance with the legislation of the Russian Federation about obligatory civil liability insurance of owners of vehicles, reduced by the amount of the accounts payable which resulted from the same settlings with insurers	No more than 100% of the size of insurance reserve for compensation for expenses on implementation of insurance payments and direct indemnification in subsequent periods (stabilization reserve on obligatory civil liability insurance of owners of vehicles)
31               31.1               31.2             31.3             31.4	Total cost of mortgage securities               The maximum bond value with mortgage covering, to conforming requirement of paragraph two or the paragraph of third subitem 7.14 of Item 7 of this Instruction, and hypothecation certificates of participation         The maximum cost of the mortgage securities conforming to the requirement of the paragraph of the fourth subitem 7.14 of Item 7 of this Instruction           The cost of the mortgage securities conforming to the requirement of the paragraph of the fourth subitem 7.14 of Item 7 of this Instruction within one release         The cost of the mortgage securities conforming to the requirement of the paragraph of the fourth subitem 7.14 of Item 7 of this Instruction mortgage covering on which is constituted by rights to claim of one initial creditor	No more than 45% of the size of insurance reserves on life insurance; no more than 10% of the size of insurance reserves on insurance to other, than life insurance     No more than 10% of the size of insurance reserves on life insurance; no more than 10% of the size of insurance reserves on insurance to other, than life insurance   No more than 45% of the size of insurance reserves on life insurance; no more than 10% of the size of insurance reserves on insurance to other, than life insurance   No more than 30% of the size of insurance reserves on life insurance; no more than 10% of the size of insurance reserves on insurance to other, than life insurance   No more than 20% of the size of insurance reserves on life insurance; no more than 10% of the size of insurance reserves on insurance to other, than life insurance
32	Loans to insurers according to life insurance contracts	No more than 10% of the size of insurance reserves on life insurance
33	The means of insurance reserves delivered in trust management of the trustee	No more than 50% of the total size of insurance reserves
34	Total asset cost in which means of the insurance reserves which are not relating to being in the territory of the Russian Federation, except for shares of the overcautious persons who are not residents of the Russian Federation in insurance reserves are invested	No more than 30% of the total size of insurance reserves
35	Total asset cost, issued (issued, emitted) the related parties or the placed (being) on accounts related parties	No more than 60% of the total size of insurance reserves

 

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