Average expected loss ratio in the insurance market Russia 2018-2021

Average expected loss ratio in the insurance market in Russia from 2018 to 2021, by segment*

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Source

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Release date

July 2021

Region

Russia

Survey time period

2018 to 2021

Supplementary notes

* An expected loss ratio is a way of determining how much money earned from premiums an insurer should set aside to pay for future claims.
** Forecast data.

The source clarified the following:
*** "CMTPL – compulsory motor third-party liability that is required under Russian Law and is aimed at protecting other people, vehicles, and property in the event of an accident that is caused by a policyholder."

**** "Casco – comprehensive car insurance where the policy covers risks associated with your own car, such as damage (including write-offs), vandalism, fire, falling objects (e.g. trees), natural disasters, and theft. The policy does not cover risks such as medical expenses, damage to another person’s car from a collision, or any damage to objects being transported in your car."

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Statistics on " Insurance market in Russia "

Statistics on Insurance market in Russia

Overview

6

Segments

7

Companies

6

Reinsurance market

4

New insurance technologies

3

Further related statistics

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