Value of life insurance premiums written in Russia 2016-2023

Published by A. Melkadze, Jan 20, 2023
Following a slight decline in 2019, the life insurance market in Russia recovered, with premiums value reaching 524 billion Russian rubles in 2021. By 2023, the annual value of premiums written in that insurance segment was forecast to increase by 50 billion Russian rubles compared to the previous year.

Annual value of premiums written in life insurance market in Russia from 2016 to 2023 (in billion Russian rubles)

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Release date

January 2023

Region

Russia

Survey time period

2016 to September 2022

Supplementary notes

*Estimate.
** Forecast.

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