Personal Accident and Health Insurance in Russia, Key Trends and Opportunities to 2018

Date: 2015-09

The Russian personal accident and health insurance segment registered strong growth during the review period (2009โ€“2013). The segmentโ€™s gross written premium increased at a review-period CAGR of 24.7%. This was due to the countryโ€™s young population, compulsory lines of insurances, increased awareness of the need for insurance โ€“ especially among the younger population, an increase in employment, and competition among companies for higher market shares. The personal accident and health insurance segment is also expected to be more competitive in the presence of both domestic and foreign operators over the forecast period (2013โ€“2018), mainly due to regulatory changes.


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