Top 10 Largest Insurance Companies in Russia

Russian insurance market statistics

In the third quarter of 2016, Russian insurance companies continued to show positive dynamics in the context of the stabilizing of economic situation insurance market growth. Per the Bank of Russia, on all types of insurance (life, car, travel, house), except health insurance, from January to September 2016 it was accounted 886 billion of Rubles in premiums (+ 15.2% over the same period of the previous year), the payments were 363 billion of Rubles, what corresponds to the level of 2015.

Rating of top Russian insurance companies over January-September 2016, based on insurance premiums (billion of Rubles):

SOGAZ Insurance Group – 123.76

Rosgosstrakh (RGS or RGS Group) – 93.05

Ingosstrakh – 65.37

Reso-Garantia – 64.46

AlfaStrakhovanie – 47.71

Sberbank Life Insurance – 46.83

VTB Insurance – 43.29

VSK Insurance Group – 38.70

Rosgosstrakh Life Insurance Company – 29.16

Soglasie – 24.20

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