Biggest Insurance Companies In Russia
Other large companies in russia by revenue.
Biggest insurance companies in russia. Six of the 20 companies deal with oil and gas two with banking two with retailing two with utilities two with metallurgy and another two with transport. Russia s vast geography is an important determinant of its economic activity with some sources estimating that. Things have dramatically changed over the years and indeed changed for the better for the citizens of russia. Russia insurance company list of russian insurance companies.
Sogaz insurance group was established in 1993 quickly growing into the second largest insurance company in russia. A russia insurance company today is not what is was in years gone by. 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. The insurance sector has grown by leaps and bounds in this country in the past number of years.
Of the 20 largest companies in russia 14 are headquartered in moscow while the other 6 are located in regions of russia. In 2016 the affiliated companies in the group reported combined gross written. Welcome to our article on the biggest russian insurance companies. Russian insurance market statistics.
Market reforms in the 1990s privatized much of russian industry and agriculture with notable exceptions to this privatization occurring in the energy and defense related sectors. The russian insurance market is dominated at the top by one stop insurers offering an array of personal and commercial insurance lines.
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