Russia

Location:
Northern Asia (the area west of the Urals is considered part of Europe), bordering the Arctic Ocean, between Europe and the North Pacific Ocean

Climate:
ranges from steppes in the south through humid continental in much of European Russia; subarctic in Siberia to tundra climate in the polar north; winters vary from cool along Black Sea coast to frigid in Siberia; summers vary from warm in the steppes to cool along Arctic coast

Natural hazards:
permafrost over much of Siberia is a major impediment to development; volcanic activity in the Kuril Islands; volcanoes and earthquakes on the Kamchatka Peninsula; spring floods and summer/autumn forest fires throughout Siberia and parts of European Russia

Currency: Ruble (RUB)
1 EUR = 63.8111 Ruble - RUB (December 31st, 2016)
1 EUR = 79.6972 Ruble - RUB (December 31st, 2015)
1 EUR = 68.3427 Ruble - RUB (December 31st, 2014)
1 EUR = 44.9699 Ruble - RUB (December 31st, 2013)
1 EUR = 40.2286 Ruble - RUB (December 31st, 2012)
1 EUR = 41.6714 Ruble - RUB (December 31st, 2011)
1 EUR = 40.3331 Ruble - RUB (December 31st, 2010)

Sources:
Central Bank of the Russian Federation
Federal Insurance Supervision Service
Media - Information Group "Insurance Today"

Insurance statistics
1H2017	Market Portfolio	xlsx
1H2017	Insurance Companies Rankings	xlsx
FY2016	Market Portfolio	xlsx
FY2016	Insurance Companies Rankings	xlsx
1H2016	Market Portfolio	xlsx
1H2016	Insurance Companies Rankings	xlsx
FY2015	Market Portfolio	xlsx
FY2015	Insurance Companies Rankings	xlsx
1H2015	Market Portfolio	xlsx
1H2015	Insurance Companies Rankings	xlsx
FY2014	Market Portfolio	xlsx
FY2014	Insurance Companies Rankings	xlsx
1H2014	Insurance market overview	pdf
1H2014	Market Portfolio	xlsx
1H2014	Insurance Companies Rankings	xlsx
FY2013	Insurance market overview	pdf
FY2013	Market Portfolio	xlsx
FY2013	Insurance Companies Rankings	xlsx
1H2013	Insurance market overview	pdf
1H2013	Market Portfolio	xlsx
1H2013	Insurance Companies Rankings	xlsx
FY2012	Market Portfolio	xlsx
FY2012	Insurance Companies Rankings	xlsx
FY2012	Insurance market overview	pdf
1H2012	Insurance market overview	pdf
1H2012	Market Portfolio	xlsx
1H2012	Insurance Companies Rankings	xlsx
FY2011	Insurance market overview	pdf
FY2011	Market Portfolio	xlsx
FY2011	Insurance Companies Rankings	xlsx
1H2011	Insurance market overview	pdf
1H2011	Market portfolio and rankings	xlsx
2010	Insurance market overview	pdf
2010	Market portfolio and rankings	xls
2009	Insurance market overview	pdf
2009	Market portfolio and rankings	xlsx
1H2010	Russian insurance market overview	pdf
1H2010	Market portfolio	xls
1H2010	Life insurance rankings	xls
1H2010	Non-Life insurance rankings	xls

Russia 1H2018 Portfolio

Russia Rankings 1 H2018

See all statistics

Russia's insurance market grows 13.7% in January-September

2018-12-09

Read the full story

RUSSIA: MTPL combined loss ratio as of the end of the 3rd quarter dropped by more than 40%

Editor: Marina MAGNAVAL
2018-12-05

Based on the report on financial stability for the 2^nd and 3^rd quarters, prepared by the Bank of Russia, MTPL combined ratio dropped to 79.2% (vs 119.9% a year ago).

RUSSIA: Bank of Russia approved the expansion of MTPL tariff corridor

Editor: Marina MAGNAVAL
2018-12-05

The Regulation providing for the expansion of the base MTPL tariffs by 20% up and down was approved by the Bank of Russia, ASN reported. The new tariff corridor will be within RUB 2,746 - 4,942 (instead of the existing RUB 3,432 - 4,118).

RUSSIA: for 9 months return on equity on TOP-5 insurers amounted to 40.6%

Editor: Marina MAGNAVAL
2018-12-05

According to the financial results as of the end of the 3^rd quarter, the return on equity of TOP-5 Russian insurers amounted to 40.6%, the report on financial stability prepared by the Bank of Russia shows.

RUSSIA: the XVII Annual November Business Meetings for Reinsurers took place on November 21-22, 2018 in Moscow

Editor: Marina MAGNAVAL
2018-11-29

The XVII Annual November Business Meetings (NBM) for Reinsurers took place on November 21-22, 2018 in Moscow in the Modern Business Center located in the historic building in the very center of Moscow, according to the post release of the Delovoy Format Group.

RUSSIA: total volume of lost crops in 2018 amounted to 1.2 million hectares with insured crops of 625 thousand hectares

Editor: Marina MAGNAVAL
2018-11-28

Claims paid to farmers in 1H2018 reached RUB 706 million, while only 625 thousand hectares out of the total volume of 1.2 million hectares affected by natural disasters were covered by insurance, informed Korney BIJDOV at the annual forum "Insurance business during the era of changes", on October 30, 2018 in Moscow.

RUSSIA: replacement in kind in MTPL is below 15-20%

Editor: Marina MAGNAVAL
2018-11-22

According to the Deputy executive director of the Russian Association of Motor Insurers (RAMI), Sergey EFREMOV, as of now the share of replacement in kind in MTPL is below 15-20%.

RUSSIA: the national rating of VTB Insurance confirmed at ruAAA

Editor: Marina MAGNAVAL
2018-11-22

The national agency Expert RA confirmed the rating of VTB Insurance at ruAAA with stable forecast followed 100% sale of VTB Insurance to SOGAZ in November 2018, ASN wrote.

RUSSIA: life insurance after 3 quarters went up by 36%, preliminary data show

Editor: Marina MAGNAVAL
2018-11-15

According to the preliminary data for 9 months this year, provided by the All-Russian Insurance Association (ARIA), Russian life insurers generated GWP in the amount of RUB 342.6 billion (+36% y-o-y).

RUSSIA: GWP of RESO-Garantia went up by 3.5% y-o-y as of the end of September

Editor: Marina MAGNAVAL
2018-11-08

Net profit of RESO-Garantia from January to September this year increased by 18% y-o-y and amounted to RUB 16.2 billion, as announced by the insurer.

RUSSIA: MTPL paid claims decreased by 27 % y-o-y after first 9 months

Editor: Marina MAGNAVAL
2018-11-08

According to preliminary data of the Russian Association of Motor Insurers (RAMI), for the first 9 months of this year MTPL GWP amounted to RUB 167.16 billion, which is almost the same level as a year ago.

RUSSIA: GWP of RESO-Garantia as of the end of September went up by 3.5% y-o-y

Editor: Marina MAGNAVAL
2018-11-08

Net profit of RESO-Garantia from January to September this year increased by 18% y-o-y and amounted to RUB 16.2 billion, as the insurer informed.

RUSSIA: MTPL liberalization will boost competition price, says FITCH

Editor: Marina MAGNAVAL
2018-11-08

MTPL insurers in Russia are likely to compete more strongly on price if further liberalization of the market takes effect next year, FITCH Ratings says in a new report, published on November 5, 2018.