RESO-Garantia St. Petersburg Branch, November 2013
Insurance for entrepreneurs in St.Petersburg 1st half 2013
Jul 14, 2015
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
RESO-Garantia
St. Petersburg Branch,
November 2013
Russian insurance market, 6 months of 2013Total insurance premium in Russia in 6 months of 2013 was Rbl 467,5 bln. The main parts were automotive insurance – 21.7%, medical -16,2%, CMTPL (OSAGO) - 13,5%, property insurance for legal entities – 12,4%.
Premium collected in Russia by top-20 insurance companies in 6 months of 2012 and 2013
Premium collected in St. Petersburg by top-20 insurance companies in 6 months of 2012 and 2013
Premiums in St. Petersburg reached more than Rbl 31 bln with growth of 14,9%
Premium collected in Leningrad region by top-20 insurance companies in 6 months of 2012 and 2013
Premiums in Leningrad region reached more than Rbl 1,8 bln with growth of 4,3%
Property insurance in Russia in 6 months of 2013Property and casualty insurance (without motor insurance) in 6 months of 2013 г. reached Rbl 70,8 bln
One should underline that property and casualty insurance (without motor insurance) in 6 months of 2013 reached Rbl 70,8 bln.
In the meantime insurance for agriculture was only Rbl 6,4 bln.
This is out proposal as a proposal of a regional leader in premium collected
Today the best alternative to a doubtful agricultural insurance might be P&C insurance as well as insurance of entrepreneurial risks and responsibility insurance
Insuring your risks in a releiable company means that a client’s claim will be settled.Out top settled claims in the North-Western region are:
- Rbl 309 mln for Syassky Paper and Mill Factory, - some Rbl 40 mln for Synyavino Poyltry, - some 30 mln for Badaev warehouses fire
(http://en.wikipedia.org/wiki/Badayev_warehouses), - recently a claim for Rbl 15 mln for a fire has been
settled in St .Petersburg. The largest insurance compnaies REALLY SETTLE their claims.
Definitely agriculture insurance has certain problemsNo transparency, Wrong approach in subsidizing tariff rates and not
the claims settlement, High corruption risks in the process of making
arrangements for insurance in agriculture.
Problems of agricultural insurance are demonstrated by the premium in this filed in 6 months of 2013
Insurance for agricultural entrepreneurs makes only 1,5% of total Russian classical insurance. Additionally there was a drop of 8,6% comparing with the previous year. Also in the top-20 agricultural insurance almost no one of the top Russian insurance companies is present.
Leaders approach:
The real insurance =
= P&C insurance
The insurance market is developing right nowThe Russian cabinet of ministers now investigates
issues of catastrophe insurance as well as insurance of private property in countryside
… and it will be followed by other innovations in the insurance field.
A lot is not insured yet.
Let us work on it together!
Related Documents
