About Fire Insurance
A fire service gas station in Hanoi has occurred amid Congress prepares for comments on amendments and supplements to the Law on fire (fire). Are these two events contributing to making insurance compulsory fire and explosion made more serious?
Law on the basis of prescribed fire risk high explosive explosion forced to buy insurance with premiums, deductibles predetermined minimum. The authority also issued list of 16 types of establishments have a high fire risk such as production facilities, storage of explosives, fuel stores, power plants, apartment buildings, hotels from 5 floors more ...
This regulation, implemented since 2007, seemed to bring no small number of customers for the insurance companies, but in fact, the product offering compulsory fire and explosion insurance is not favorable as previously thought. In 2012, fire insurance revenue 2,185 billion VND, compulsory fire and explosion insurance revenue 594 billion. Worth mentioning that this revenue decline strongly compared to 2011, when sales reached 1.020 billion charge.
According to the Insurance Vietnam, although in areas with rights and obligations related to the fire, but the business remained indifferent to BH. The object must buy insurance only buy insurance for the least risky asset or asset purchase cheap insurance for most, if not buy. This situation makes the risk-sharing effect of compulsory fire and explosion insurance is no longer meaningful.
The businesses buy insurance not subject to the strict implementation partly due to inadequacies in regulations, such as regulations on 16 groups, which was enacted 10 years ago, not general in nature, lacking updates; deductible and higher premiums, no insurance guidelines, rules for the risk side ... However, the situation was caused by financial institutions are not strong enough mechanisms to monitor and inspect not effective, so businesses are "oily" law. In fact, the insurance companies have not received the active cooperation of the police force in urging fire, compulsory establishments with high fire risk to buy insurance, as well as in the damage assessment .
During the ongoing session of the National Assembly, the delegates will have discussions and comments on the Draft Law on Amending and Supplementing the Law on Fire Protection for Government Research, perfect. The voting will be conducted through the next session. Markets are hoping the inadequacies in fire insurance mandatory will be addressed directly (by right of law rules) or indirectly (as amended, supplemented or promulgation of legal documents to guide leads to the Law amending the Law on Fire supplements).
According to the Government, Fire Code 2001 revealed many shortcomings are due to the economy - society has changed. For example, a particular type of new works and will appear in Vietnam, but has not been defined in the Act, such as nuclear power plants, steel roof frame house with large area ... sure fire conditions for the particular works not specified, fully. Functions and duties of the police force, such as fire and rescue, salvage and inspection ... only be prescribed in the bylaws, the legal basis is not high, limiting the activities of police fire.
Therefore, the Draft Law on Amending and Supplementing the Law on Fire will have some regulations on the basis of high fire risk, regulatory conditions to ensure fire safety for some specific projects, increased competent inspection and test for fire police ...
According to the investigation report of the Committee for Defense and Security, in the majority opinion that the Commission should expand the amendments and supplements to cover all the problems and make sure to prevent fires and explosions in increase. The British Defense Committee approved the increased security authority for the task force to inspect and test the fire. It is said that the list of base fire risk should not promulgated by the Ministry of Public Security Act which communicates regularly inspect, monitor and update.
So, with the new regulations to strengthen management in the field of fire, the shortcomings in implementing compulsory fire and explosion insurance can be resolved when test force, sanctioning competence increases, the area BH subject to increase participation and regularly updated, stricter regulations and more details about the fire conditions ...
After 10 years of implementation of the Law on Fire Protection, the defense forces fire on 28,000 extinguish fires, rescue and escape safely guide for thousands of people, protect assets worth tens of trillion. Currently the country has established 122 718 civil defense forces and the fire-fighting facilities with 1,441,355 personnel, team members.
