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 = 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

1H2017 Market Portfolio

1H2017 Insurance Companies Rankings

A.M. Best Revises Outlooks to Stable for INSURANCE COMPANY OF GAZ INDUSTRY SOGAZ

2017-09-07

A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" of INSURANCE COMPANY OF GAZ INDUSTRY SOGAZ (SOGAZ) (Russia). SOGAZ is the ultimate operating parent of the SOGAZ group, which provides a range of insurance and non-insurance related services.

Life insurance became the largest segment of the insurance market in the Russian Federation in a half-year

2017-09-07

The market of life insurance in Russia in a half-year of year has grown on, to, one billion rub also became the largest segment of the insurance market, having overtaken the leading long time of the CMTPL, one billion rub.

STATISTICS: Russia, 1H2017: Life insurance supports growth of the local market

Editor: Olesea ADONEV
2017-09-07

The Russian insurance market grew, in GWP terms, by 9.5% compared to the similar period of 2016 and totaled RUB 645.97 billion in 1H2017, according to the data published by the Central Bank of Russia.

RNRC has signed the BRICSs countries' Memorandum of cooperation in insurance and reinsurance

Editor: Oleg DORONCEANU
2017-09-05

The Russian National Reinsurance Company (RNRC) and SOGAZ Group have signed on behalf of the Russian Federation the BRICSs countries' Memorandum of development and cooperation in insurance and reinsurance.

NAIA: The professional standard of insurance specialists in Russia to be updated in the light of unique features in the work of insurance adjusters

2017-08-23

The National Association of Insurance Adjusters (NAIA) took part on the work group session of All Russian Union of Insurers (VSS), dedicated to the updating of the professional standard #444 "Specialist in Insurance".

Russian state reinsurer (RNRC) has received registration to operate on the Egyptian market

Editor: Oleg DORONCEANU
2017-08-22

The Russian National Reinsurance Company (RNRC) has received the Egyptian market watchdog's approval to operate as a foreign reinsurer on the local specialty market, thus being included in the local official register of the foreign reinsurers.

RUSSIA: "Rosgosstrakh-Medicine" refused to license on voluntary personal insurance

2017-08-07

The Bank of Russia withdrew the license for implementation of voluntary personal insurance the insurance company "Rosgosstrakh-Medicine". About it reports a press-service of the Central Bank of the Russian Federation.

RUSSIA: A.M. Best Assigns Credit Ratings to Ingosstrakh Insurance Company SPAO

2017-08-07

A.M. Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of "bbb-" to Ingosstrakh Insurance Company SPAO (Ingosstrakh) (Russia). The outlook assigned to these Credit Ratings (ratings) is stable.

RNRC was registered in China as a foreign reinsurer

Editor: Oleg DORONCEANU
2017-07-26

The Russian National Reinsurance Company (RNRC) has got the Chinese market watchdog's approval to operate as a foreign reinsurer on the China's specialty market, a company's official press release said.

Russia: Market's modernization through digitalization and consumer protection are the Central Bank's top priorities for the insurance sector

Editor: Oleg DORONCEANU
2017-07-12

"We consider the market's cleaning process has come to an end and we are having a more mature market now," Sergey SHVETSOV, First Vice President, Central Bank, Russian Federation stated today at the Russian Insurance Summit 2017, in Saint-Petersburg.