PROPERTY AND CASUALTY INSURANCE MARKET IN RUSSIA Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Property and Casualty Insurance market in Russia can be segmented by Product Type (Motor Insurance, Personal Property Insurance, Property Insurance of Legal Entities, and Other P&C) and Distribution Channel (Direct Sales, Agent, Brokers, Banks, Online, and Others)

PROPERTY AND CASUALTY INSURANCE MARKET IN RUSSIA Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Russia Property & Casualty Insurance Industry Overview

The property and casualty insurance market in Russia is highly competitive. A large number of players are operating in the market to gain market share. However, the number of insurance companies in the country is decreasing. A total of 162 companies remained in the market (30 Life insurers and Health insurers). For 2020, four insurance companies left the market due to regulatory sanctions, and nine companies voluntarily refused licenses. There was no major merger and acquisition in the market due to uncertainty caused by the pandemic and war.

Russia Property & Casualty Insurance Market Leaders

  1. Rosgosstrakh Insurance Company

  2. Ingosstrakh Insurance Company

  3. AlfaStrakhovanie

  4. RESO Garantia

  5. Zurich Reliable Insurance

  6. Sberbank Insurance

  7. *Disclaimer: Major Players sorted in no particular order
Rosgosstrakh Insurance Company, Ingosstrakh Insurance Company, AlfaStrakhovanie, RESO Garantia, Zurich Reliable Insurance, Sberbank Insurance

Russia Property & Casualty Insurance Report Snapshots

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