18 Insurance Companies Were Engaged in Concerted Actions
OREANDA-NEWS. October 28, 2014. The Office of the Federal Antimonopoly Service in the Chelyabinsk region (Chelyabinsk OFAS Russia) found that 18 insurance companies* violated the Federal Law “On Protection of Competition”.
According to the Head of Chelyabinsk OFAS Russia, Anna Kozlova, in 2013-2014 the companies were engaged in concerted actions. They refused to conclude OSAGO agreements with physical persons without other types of voluntary insurance (life, health, property policies, etc.)
Overall, Chelyabinsk OFAS Russia received 216 petitions with audio- and video-materials in two years. Some of those petitioners took part in the meeting of the OFAS Commission investigating the case.
Chelyabinsk OFAS Russia issued determinations to all insurance companies to stop violating the antimonopoly law.
In the near future OFAS shall open administrative proceedings against the violators.
* “UralSib” Insurance Group” CJSC, “Soglasie” Insurance Company” Ltd., “RESO-Garantia” Insurance OJSC, “Alliance” Insurance Company” OJSC, “VSK” Insurance Company” OJSC, “Rosgosstrakh” Ltd., “Ingosstrakh” Insurance OJSC, “AlohaStrakhvanie” OJSC, “VTB Strakhovanie” Insurance Company” Ltd., “Energogarant” insurance OJSC, “MSK” Insurance Group” OJSC, “MAKS” CJSC, “GUTA-Strakhovanie” CJSC, “YUZHURAL-ASCO” Insurance Company” Ltd., “Zurich” Insurance Company” Ltd., “Renaissance Insurance Group” Ltd., “Yugoria” State Insurance Company” OJSC and “ZhASO” OJSC.
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