By the end of 2023, the Russian insurance market could grow by 7-9% overall, reaching RUB 1.96 trillion. In this respect Wrote newspaper “Kommersant”, with reference to the survey data of the rating company “Expert RA”.
The agency’s analysts believe that the growth will be driven by the volume of insurance against accidents and illnesses (13-14% growth), life insurance (10-15%) and OSAGO (11-13%).
According to Evgeny Popkov, Head of Product Management and Marketing at MAKS, market growth will depend on the development of voluntary life insurance (+10%) and accident and sickness insurance (10-12%).
Press service of the world’s largest insurance company Allianz in the first half of June said About plans to sell a controlling stake in its business in Russia to Interholding, owner of Zetta Insurance LLC.
“Kontur.Focus” last week in service to check counterparties reportedThat from 2021 to 2023 34.09% of companies in the insurance sector in Russia were closed.