RUSSIA: in June 2020, the number of paid claims of SBERBANK Life insurance increased by 30% y-o-y

7 July 2020 —
In June 2020, total amount of insurance claims paid by SBERBANK Life insurance exceeded RUB 880 million (*EUR 11.14 million), which is 53% more than in June 2019. At the same time, the number of claims paid increased by 30% y-o-y, the insurer said in its press release.

SBERBANK Life insurance is a subsidiary of Sberbank of Russia, and is offering risk, accumulative and investment life insurance. The company is the leader on the Russian life insurance market and has a national rating based on RAEX scale (Expert RA) - ruAAA.

*EUR 1 = RUB 78.9929 (as of July 1, 2020)