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Insurance in Russia - Market Summary, Competitive Analysis and Forecast to 2025

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    Report

  • 42 Pages
  • November 2021
  • Region: Russia
  • MarketLine
  • ID: 5526790
Insurance in Russia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
  • The Russian insurance market had total gross written premiums of $21.3bn in 2020, representing a compound annual growth rate (CAGR) of 6.8% between 2016 and 2020.
  • The non-life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $15.3bn, equivalent to 72% of the market's overall value.
  • Digital innovation is becoming increasingly prevalent in the Russian insurance market and is likely to help to support market growth going forwards.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Russia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Russia
  • Leading company profiles reveal details of key insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Russia insurance market with five year forecasts by both value and volume

Reasons to Buy

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  • What will be the size of the Russia media market in 2025?
  • What factors are affecting the strength of competition in the Russia media market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Russia's media market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID - 19 outbreak impacted the market?
8 Company Profiles
8.1. SOGAZ Insurance Group
8.2. Alfa Group Consortium (Wealth Management)
8.3. Sberbank Rossii
8.4. Ingosstrakh Joint-Stock Insurance Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About The Publisher
List of Tables
Table 1: Russia insurance market value: $ billion, 2016 - 20
Table 2: Russia insurance market category segmentation: $ billion, 2020
Table 3: Russia insurance market geography segmentation: $ billion, 2020
Table 4: Russia insurance market value forecast: $ billion, 2020 - 25
Table 5: Russia insurance market share: % share, by value, 2020
Table 6: SOGAZ Insurance Group: key facts
Table 7: SOGAZ Insurance Group: Key Employees
Table 8: Alfa Group Consortium (Wealth Management): key facts
Table 9: Alfa Group Consortium (Wealth Management): Key Employees
Table 10: Sberbank Rossii: key facts
Table 11: Sberbank Rossii: Annual Financial Ratios
Table 12: Sberbank Rossii: Key Employees
Table 13: Sberbank Rossii: Key Employees Continued
Table 14: Ingosstrakh Joint-Stock Insurance Co Ltd: key facts
Table 15: Ingosstrakh Joint-Stock Insurance Co Ltd: Key Employees
Table 16: Russia size of population (million), 2016 - 20
Table 17: Russia gdp (constant 2005 prices, $ billion), 2016 - 20
Table 18: Russia gdp (current prices, $ billion), 2016 - 20
Table 19: Russia inflation, 2016 - 20
Table 20: Russia consumer price index (absolute), 2016 - 20
Table 21: Russia exchange rate, 2016 - 20
List of Figures
Figure 1: Russia insurance market value: $ billion, 2016 - 20
Figure 2: Russia insurance market category segmentation: % share, by value, 2020
Figure 3: Russia insurance market geography segmentation: % share, by value, 2020
Figure 4: Russia insurance market value forecast: $ billion, 2020 - 25
Figure 5: Forces driving competition in the insurance market in Russia, 2020
Figure 6: Drivers of buyer power in the insurance market in Russia, 2020
Figure 7: Drivers of supplier power in the insurance market in Russia, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Russia, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Russia, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Russia, 2020
Figure 11: Russia insurance market share: % share, by value, 2020

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • SOGAZ Insurance Group
  • Alfa Group Consortium (Wealth Management)
  • Sberbank Rossii
  • Ingosstrakh Joint-Stock Insurance Co Ltd

Table Information