Russia: SBERBANK Life Insurance endowment policies showed increased profitability in 2015

25 August 2016 —
The current rate of return on SBERBANK Life Insurance policies grew up to 10.05% (in rubles) and 4.01% (in foreign currency) APR during 2015 (whilst being equal to 8.83% (in rubles) and 3.02% (in foreign currency) APR as of December 31st, 2014).

"According to the endowment policies' conditions, the insurer distributes annually the additional investment income in favor of its clients on the assumption of the current profitability of its investment portfolio. Holders of these policies will receive individual letters informing about the sum of their additional investment income for 2015", stated an insurer's press release.

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