RUSSIA: Victor DUBROVIN appointed as acting general director of SBERBANK Life insurance

Victor DUBROVIN was appointed as the acting general director of SBERBANK Life insurance. Alexey RUDENKO, previous general director, left the position due to transfer to another job, stated the insurer's press service.

Victor DUBROVIN has been working for SBERBANK Life insurance since 2014 as deputy general director. He is responsible for GR, optimization of business processes, management of administrative expenses, organization and the regulation of administrative support in the company. Before, he worked in leading positions at Allianz ROSNO Life, ROSGOSSTRAKH, and OTKRYTIE Insurance.

Alexey RUDENKO had been the general director of SBERBANK Life insurance from March 2017. "Alexey faced the tasks of building the main business processes related to operating activities, as well as creating product lines, that could provide the company with dynamic profitable growth. All those tasks were successfully accomplished. Victor DUBROVIN is an experienced manager, with more than 13 years working in the insurance industry, and in the top management of SBERBANK Life insurance - more than four years. I'm sure that under his leadership the company will continue its stable development," said senior vice-president of SBERBANK, Alexander BONDARENKO.

SBERBANK Life insurance is a subsidiary of SBERBANK Russia, working in risk, universal, and investment life insurance. The leader in the Russian life market and second biggest insurer in general insurance for the Russian market. Based on 1H2018 results, the market share of SBERBANK Life insurance exceeded 36%. The GWP increased by 83% y-o-y and net profit went up by 54%. The national rating was established by "Expert RA" as ruAAA.

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

Share |

Related articles

RUSSIA: FITCH removed VSK from the Rating Watch Negative

The international rating agency FITCH removed the financial stability rating of VSK from the list of Rating Watch Negative (RWN), where it was placed in July 2018, as well as confirmed the company's rating at BB-, outlook negative, as reported by ASN.



Peter CLARKE named VP & COO of FAIRFAX

FAIRFAX Financial Holdings Limited announced that Peter CLARKE has been appointed Vice President (VP) and Chief Operating Officer (COO) of FAIRFAX, reporting to FAIRFAX President, Paul RIVETT.


ERGO Group appoints a Polish manager

Adam ROMAN, board member of Ergo Hestia (Poland), will hold the position of Head of Global P&C of the ERGO group, effective 1 March. His tasks will include supervision over property insurance of the group in the areas of underwriting, actuarial and pricing, as well as reinsurance.



Inclusive Insurance - a creative solution to narrow the protection gap in the emerging markets of the Southeastern Europe

Insurance should be accessible to all social classes, regardless of their wealth & income status. Products offered today are conventional insurance products, largely inspired from the developed markets as "one-size-fits-all" solutions, affordable to only middle- and high-income clients in the Eastern Europe's emerging & developing markets. Inclusive insurance's goal is making insurance available to all, with responsible insurance offers, thus making up for a solution to narrow the insurance coverage gap in the region.


Latest trends and challenges in the property and motor insurance lines under scrutiny, in Vienna

Property and motor insurance lines are providing for about 75% of the non-life insurance business in the CEE region, but are responsible for over 77% of the claims expenses. As such, although other classes of risks are emerging, for the time being and most probably for a rather long period ahead, property and motor insurance lines will continue to be at the heart of CEE's insurance market architecture.


FIAR 2019: Register before 28 February and save EUR 400 of the attendance fee

To the satisfaction of its traditional guests, FIAR returns in 2019 to its historical hometown, Sinaia. The forthcoming edition will benefit from the comfort and professional facilities of a new venue, the Conference Center of the International Hotel ****, located in the heart of the beautiful mountain resort. Registration is opened at a significantly discounted early bird rate until 28 February.


See all