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 3Q2018 Companies Ranking

Russia 3Q2018 Portofolio

See all statistics

ERGO sold its non-life business in Russia to RESO-Garantia

Editor: Andrei Victor
2019-02-14

ERGO Group AG announced the sale of 100% of its non-life business in Russia to RESO-Garantia. The parties have agreed not to disclose details of the purchase price.

RUSSIA: rating of VSK-Life line confirmed at ruA+

Editor: Marina MAGNAVAL
2019-02-14

The national rating agency Expert-RA confirmed the rating of VSK-Life line at ruA+, outlook stable, as ASN wrote.

RUSSIA: RESO-Garantia acquires the Russian non-life insurer of ERGO Group

Editor: Marina MAGNAVAL
2019-02-14

RESO-Garantia acquires 100% of ERGO (a subsidiary non-life insurer of ERGO Group AG in Russia) from ERGO International AG, as ASN wrote.

RUSSIA: profit of ROSGOSSTRAKH, according to the preliminary data, in 2018 amounted to RUB 6 billion

Editor: Marina MAGNAVAL
2019-02-14

Based on the preliminary data, in 2018 profit of ROSGOSSTRAKH for the first time during the last 3 years amounted to RUB 6 billion.

RUSSIA: ROSGOSSTRAKH to merge ERGO Life and RGS Life Insurance

Editor: Marina MAGNAVAL
2019-02-07

ROSGOSSTRAKH has announced its decision to merge life insurers - ERGO Life and RGS Life Insurance, according to the information on the insurer's website, published on January 31.

RUSSIA: in 2018 MTPL accounted for 81.5% of the total volume of complaints against insurers

Editor: Marina MAGNAVAL
2019-02-07

According to the Bank of Russia, for the first time in the last few years the market has seen a decrease in the number of complaints from consumers of financial services, which was mainly due to a sharp reduction in complaints against MTPL in 2018 by 43.1%.

RUSSIA: national rating of SBERBANK Insurance confirmed at ruAA+

Editor: Marina MAGNAVAL
2019-01-31

The national rating agency Expert RA confirmed the rating of SBERBANK Insurance at ruAA+, at that the outlook was changed from stable to positive, reports ASN.

RUSSIA: RNRC paid the biggest loss in the history of military cargo insurance in the country

Editor: Marina MAGNAVAL
2019-01-31

Total amount of the insurance indemnity paid by the Russian National Reinsurance Company (RNRC) for the damaged military cargo already reached RUB 3.5 billion (~EUR 46 million)*, which makes this loss the biggest and unique in the whole history of military cargo insurance in the country, as ASN wrote.

RUSSIA: MTPL GWP in 2018 remained unchanged y-o-y, while paid claims dropped by 21% as the preliminary data show

Editor: Marina MAGNAVAL
2019-01-31

In 2018 the total number of MTPL policies increased by 2%, according to the preliminary data, however, GWP of the class remained at the level of 2017, as ASN informed.

RUSSIA: Insurers reduced payments in OSAGO by 20% in 2018

2019-01-29

Read the full story

RUSSIA: in 2018 livestock insurance GWP went up by 33% y-o-y

Editor: Marina MAGNAVAL
2019-01-25

Preliminary data of the National Association of Agriculture Insurers (NAAI) for 2018 show that GWP in livestock insurance increased by 33% y-o-y to RUB 866 million, as ASN wrote.

RUSSIA: FITCH removed VSK from the Rating Watch Negative

Editor: Marina MAGNAVAL
2019-01-25

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.

RUSSIA: Ekaterina TROFIMOVA released from the position of the General Director of ACRA

Editor: Marina MAGNAVAL
2019-01-25

On January 17, 2019 the ACRA Board of directors, based on the statement of Ekaterina TROFIMOVA, decided to release her from the position of the General Director of the agency, as ACRA announced.