expected to reach approximately 11 percent.
Real acquisition costs share in the Russian insurance market has decreased in 2020, following a steady upwards trend. The share of administrative costs reduced by about three percent in 2020 compared to 2017 figures. By 2021, it was Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020
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KPMG. (July 29, 2021). Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020 [Graph]. In Statista. Retrieved June 04, 2023, from https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/
KPMG. "Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020." Chart. July 29, 2021. Statista. Accessed June 04, 2023. https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/
KPMG. (2021). Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020. Statista. Statista Inc.. Accessed: June 04, 2023. https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/
KPMG. "Actual Share of Administrative and Acquisition Costs in The Insurance Market in Russia from 2017 to 2020." Statista, Statista Inc., 29 Jul 2021, https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/
KPMG, Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020 Statista, https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/ (last visited June 04, 2023)
Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020 [Graph], KPMG, July 29, 2021. [Online]. Available: https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/