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Best’s, Market

The COVID-19 pandemic in 2020 and the sharp decline in global oil prices has led to lower non-life premium income for many Russian insurers.

23.02.2021 - 09:02:56

Best’s Market Segment Report: COVID-19 and the Russian Insurance Market—Negative Implications for Premium Growth, but Opportunities for Innovation. However, according to a new AM Best report, life insurance premiums grew in the first nine months of 2020 as policyholders responded to the country’s low interest rate environment and regulatory actions taken to improve customer trust.

or in Russian at http://www.ambest.com/v.asp?v=ambrussianreport_russian221.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2021 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

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