STATISTICS: CIS region, FY2019: Kazakhstan recorded the highest GWP and paid claims growth rates in EUR

14 May 2020 — Marina MAGNAVAL
The insurance market of CIS region in 2019 saw an increase in european currency by more than 16% at region level. Most individual markets recorded growth rates in EUR currency, ranging between 8.5% to 36.0%, while only two out of twelve markets faced, on the contrary, decreases y-o-y in terms of market premiums, as the data collected by XPRIMM during 2019 show.

The highest growth rates among the markets of the region were observed in Kazakhstan, Ukraine, and Uzbekistan. The insurance markets of Azerbaijan and Tajikistan showed a decline in premium volumes y-o-y. The biggest market from the region, Russia, which accounts for almost 82% of the regional premiums, increased by 14.72%.

Kazakhstan insurance market showed the highest paid claims growth (+139.55%), while paid claims of the Armenian insurers saw the lowest growth among CIS countries.

Download the latest regional statistical data for 2019 on at FY2019 CIS Statistics (in EUR).

CIS FY2019 regional statistics:
  • GWP
  • Paid claims
  • Market shares
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