The Russian Insurance Market - past, present and future
In this IIL London Market lecture Surgey Churilov talked about the Russian insurance market, the history and background of Ingosstrakh and its position in local and international markets.
A lot has changed in the past five years in the global economy and the Russian insurance market. Sanctions imposed against Russia by different countries are getting deeper and stronger.
The Russian insurance market is still observing the trend of participants reduction.
The market for insurance services is quite stable, with one exception - compulsory third-party motor liability (OSAGO). It needs the tariff system to be changed.
Currently Ingosstrakh is one of the leading companies, as it is one of the most financially stable organisations and it is ready to face challenges.
By the end of this lecture members would have gained an insight into:
- Russian Insurance Market dynamics
- Major events in the Russian market
- Statistics, structure and financial stability of Ingosstrakh
- Trends and legislative initiatives
Vassilina Bindley, Consultant, Malakut Insurance Brokers.
Registration & Security
IIL lectures are open to CII and PFS members
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For lectures held in The Old Library, Lloyd's pass holders may also attend and do not need to register
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