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  4. > Non-Life Insurance in Russia

Non-Life Insurance in Russia

  • January 2016
  • -
  • MarketLine
  • -
  • 32 pages

Introduction

Non-Life Insurance in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Russia non-life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

- The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others.

- The Russian non-life insurance market is expected to generate total gross written premiums of $47.9bn in 2015, representing a compound annual growth rate (CAGR) of 10.5% between 2011 and 2015.

- The property segment is expected to be the market's most lucrative in 2015, with total gross written premiums of $26.1bn, equivalent to 54.5% of the market's overall value.

- Market penetration in Russia is low as attitudes formed during a long period of Communist rule continue to be an obstacle. During this period, people only bought insurance when it was a legal requirement, and was therefore seen as a tax.

Features

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Russia

- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Russia

- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance

- Add weight to presentations and pitches by understanding the future growth prospects of the Russia non-life insurance market with five year forecasts

- Macroeconomic indicators provide insight into general trends within the Russia economy

Key Questions Answered

- What was the size of the Russia non-life insurance market by value in 2015?

- What will be the size of the Russia non-life insurance market in 2020?

- What factors are affecting the strength of competition in the Russia non-life insurance market?

- How has the market performed over the last five years?

- Who are the top competitiors in Russia's non-life insurance market?

Table Of Contents

Non-Life Insurance in Russia
TABLE OF CONTENTS
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market share 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 8
Market value 8
Market Segmentation 9
Category segmentation 9
Geography segmentation 10
Market share 11
Market Outlook 12
Market value forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 14
Supplier power 16
New entrants 18
Threat of substitutes 19
Degree of rivalry 20
Leading Companies 21
AlfaStrakhovanie Group 21
Ingosstrakh Insurance Company 22
Rosgosstrakh 25
10 Akademika Sakharova av., Moscow, 107078, RUS 26
Macroeconomic Indicators 27
Country Data 27
Methodology 29
Industry associations 30
Related MarketLine research 30
Appendix 31
About MarketLine 31

List of Tables
Table 1: Russia non-life insurance market value: $ billion, 2011-15(e)
Table 2: Russia non-life insurance market category segmentation: $ billion, 2015(e)
Table 3: Russia non-life insurance market geography segmentation: $ billion, 2015(e)
Table 4: Russia non-life insurance market share: % share, by value, 2015(e)
Table 5: Russia non-life insurance market value forecast: $ billion, 2015-20
Table 6: AlfaStrakhovanie Group: key facts
Table 7: Ingosstrakh Insurance Company: key facts
Table 8: Ingosstrakh Insurance Company: key financials ($)
Table 9: Ingosstrakh Insurance Company: key financials (RUB)
Table 10: Ingosstrakh Insurance Company: key financial ratios
Table 11: Rosgosstrakh: key facts
Table 12: 10 Akademika Sakharova av., Moscow, 107078, RUS: key facts
Table 13: Russia size of population (million), 2011-15
Table 14: Russia gdp (constant 2005 prices, $ billion), 2011-15
Table 15: Russia gdp (current prices, $ billion), 2011-15
Table 16: Russia inflation, 2011-15
Table 17: Russia consumer price index (absolute), 2011-15
Table 18: Russia exchange rate, 2011-15

List of Figures
Figure 1: Russia non-life insurance market value: $ billion, 2011-15(e)
Figure 2: Russia non-life insurance market category segmentation: % share, by value, 2015(e)
Figure 3: Russia non-life insurance market geography segmentation: % share, by value, 2015(e)
Figure 4: Russia non-life insurance market share: % share, by value, 2015(e)
Figure 5: Russia non-life insurance market value forecast: $ billion, 2015-20
Figure 6: Forces driving competition in the non-life insurance market in Russia, 2015
Figure 7: Drivers of buyer power in the non-life insurance market in Russia, 2015
Figure 8: Drivers of supplier power in the non-life insurance market in Russia, 2015
Figure 9: Factors influencing the likelihood of new entrants in the non-life insurance market in Russia, 2015
Figure 10: Factors influencing the threat of substitutes in the non-life insurance market in Russia, 2015
Figure 11: Drivers of degree of rivalry in the non-life insurance market in Russia, 2015
Figure 12: Ingosstrakh Insurance Company: revenues and profitability
Figure 13: Ingosstrakh Insurance Company: assets and liabilities

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