However, it is worth noting that growth was mainly recorded by voluntary classes, which increased by more than 180% y-o-y if summed up together. Compulsory state insurance recorded a considarable decrease, shrinking by 34.9% in GWP volume, while other (non-state) compulsory types increased by only 3%.
Market paid claims also grew year-on-year, growth which was mainly driven by voluntary insurance paid claims (+25.1%, whereas paid claims of other compulsory types, on the contrary, dropped by almost 11% y-o-y).
Total number of the market participants was 18, including 2 state insurance organizations, 15 non-state companies and 1 mutual insurance company.
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