RUSSIA: Growth of more than 58% y-o-y for ROSGOSSTRAKH's H12019
The insurer's GWP over the first six months of the year amounted to RUB 36.9 billion (+31% y-o-y). According to the company, the highest growth was recorded in GWP for personal insurance types (+218%) and MTPL (+16%). The company's market share reached approximately 12%.
Thanks to a 32% reduction of MTPL paid claims, the company's total paid claims decreased by 23%, during the period, to RUB 17 billion.
In 1Q2019, ROSGOSSTRAKH ranked 7th in the market in terms of GWP.
*EUR 1 = RUB 71.8179 (01.07.2019)