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.
- Neighbours: Norway, Finland, Estonia, Latvia, Lithuania, Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, Mongolia, China, North Korea.

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
Code: RUB
Since: 1998

Exchange rates at December 31st:

1 EUR = 79.4605 RUB (2018)
1 EUR = 68.8668 RUB (2017)
1 EUR = 63.8111 RUB (2016)
1 EUR = 79.6972 RUB (2015)
1 EUR = 68.3427 RUB (2014)
1 EUR = 44.9699 RUB (2013)
1 EUR = 40.2286 RUB (2012)
1 EUR = 41.6714 RUB (2011)
1 EUR = 40.3331 RUB (2010)


Sources:




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Location map
author: OCHA/ReliefWeb


 


Statistics

Russia FY2018 Market Portfolio

Russia FY2018 Rankings

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Latest news





RUSSIA: insurers' profit in 2018 grew by almost 70%

According to the Bank of Russia, in 2018 the insurer profit grew by almost 70% to RUB 204.1 billion (vs RUB 120.6 billion in 2017). Return on equity reached 31.2%, total assets increased by more than 20% and exceeded RUB 2.9 trillion, based on the survey of key indicators of insurer activity in 2018.










RUSSIA: Motor Hull GWP increased by 3.8% y-o-y in 2018

Motor Hull GWP increased by 3.8% (from RUB 162.5 billion to RUB 168.7 billion) in 2018, while paid claims remained at almost the same level (RUB 83.2 billion vs RUB 83.3 billion a year ago), as regulator's data show.





RUSSIA: Life GWP went up by almost 33% in 2018

Life GWP in 2018, according to preliminary data, increased by 32.8% to RUB 478 billion, and paid claims in the sector went up to RUB 73.4 billion (+37.5%), Igor YURGENS, the President of the All-Russian Insurance Association (ARIA) announced.