The Armenian market grew the least in European currency, practically stagnating (+0.31%), and Kyrgyzstan saw the most rapid growth - by more than 63%, although the share of this market in the regional portfolio is the smallest (0.06%). The leading market in the region with the largest GWP share - Russia, expanded by more than 10%, however, its share slightly decreased from the level for the first half of 2020.
It should be noted that GWP-wise all the markets under review recorded positive dynamics. However, on paid claims side some of markets recorded a decrease - most of all paid claims decreased in Kazakhstan (-42.11%), while others ended the half-year with an increase in paid claims - the largest increase was in Azerbaijan.
*data for Turkmenistan and Tajikistan are not included
Access xprimm.com and download the latest statistics of the CIS regional insurance market (in euros)..