Russian insurance market in 2020
In millions
| Class of business | 2020 turnover | 2019 turnover | 2019-2020 evolution * | 2020 shares | ||
|---|---|---|---|---|---|---|
| In RUB | In USD | In RUB | In USD | |||
Motor | 400 631 | 5 397 | 390 045 | 6 291 | 2.71% | 25.95% |
Property damage | 232 601 | 3 133 | 219 317 | 3 538 | 6.06% | 15.06% |
Accident | 202 547 | 2 728 | 187 714 | 3 028 | 7.90% | 13.12% |
Health | 177 115 | 2 386 | 181 057 | 2 920 | -2.18% | 11.47% |
Third party liability | 41 185 | 555 | 37 902 | 611 | 8.66% | 2.67% |
Other risks | 61 653 | 830 | 68 148 | 1 099 | -9.53% | 3.99% |
Total non-life | 1 115 734 | 15 029 | 1 084 183 | 17 488 | 2.91% | 72.26% |
Total life | 428 366 | 5 770 | 403 017 | 6 501 | 6.29% | 27.74% |
| Grand total | 1 544 100 | 20 799 | 1 487 200 | 23 989 | 3.83% | 100% |
* Evolution in local currency
Exchange rate as at 31/12/2020 : 1 RUB = 0.01347 USD ; 31/12/2019 : 1 RUB = 0.01613 USD
Read also | Top 10 insurance companies in Russia
