The main share of paid claims fell on consumer lending. For the first quarter, payments under life insurance contracts of consumer loan borrowers (including credit cards) amounted to RUB 1.76 billion. Payments for mortgage loans accounted for about RUB 686 million.
SBERBANK Life Insurance is a subsidiary of Sberbank of Russia, providing risk, accumulative and investment life insurance services. The company is the leader on the Russian life insurance market and has a national rating under RAEX scale (Expert RA)- ruAAA.
* at the following exchange rate:
1 EUR = 88.7452 RUB (01.04.2021)
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