Life insurance will provide slight growth of the market as a whole – its premiums will grow by 30% up to RUB 430 billion, mainly due to the fact that banks actively sell investment life insurance to their customers (ILI). Over the year, ILI will ad...
The Central Bank is considering the opportunity to oblige banks, which sell insurance products as agents, to join the All-Russian Union of Insurers in order to avoid too aggressive sales of complex financial products to banks’ customers, including ...
As a result of 2017, life insurance in Russia outstripped other types of insurance, including TPO, on fees. What changes in the practice of supervision and regulation, which may entail?...
It announced that companies will have to change the rules of insurance. This was told the “Vedomosti” by one of the participants of the meeting and the insurer, who knows about its results from the other participant of the meeting. The updated ru...
The market of investment life insurance (ILS) in Russia has exceeded 500 billion rubles by the beginning of 2018. More than a half of all sales of life insurers and fee-based income of banks fall to its share. However, it is the higher-than-anticipat...
RGS Life, the company that was part of the group failed to pass under the control of the state Rosgosstrakh may create an insurer of life as reported by the company representative to Vedomosti newspaper. Currently, Rosgosstrakh is offering RGS Life p...
It accounts for a third of total premiums. The remaining areas of insurance have shrunk, which, according to experts, is caused by the withdrawal of insurance companies from regional markets and reduction of supply as a result. It is particularly pro...
The Office explained that this does not violate the anti-corruption ban on the ownership of foreign financial instruments....
More and more people in Russia voluntarily insure their risks. As a result, they begin to manage their budgets and think about financial protection. This means that the market will develop. This was reported by Sergei Tsikalyuk, the Chairman of the B...