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.
CIS FY2019 regional statistics:
- Paid claims
- Market shares