The Russian Federation has launched a state-backed reinsurer that will take a hefty slice of outward reinsurance contracts and is raising fears that the London market could lose out.
Nikolay Dmitriev, Chubb's regional managing director for Russia, CIS and Turkey, has been promoted.
As Standard & Poor's is revising its outlook on Russia upwards, local insurers are predicting the market will grow in 2017.
Rosgosstrakh suffered record-breaking losses of Rbl8.65bn (£100m) in the first half of the year, caused mainly by car insurance as compulsory motor third party liability remains the most troubled market segment in Russia - a situation that is not…
The Russian insurance market showed modest growth according to last year's results and the market leader Sogaz stands out in particular among other insurance companies
Peter Hecht-Hansen has been appointed CEO of Nordics, Russia & Turkey at Allianz Global Corporate & Specialty, subject to regulatory approval.
Post asks experts at the Central Bank of Russia to share their views on how the domestic insurance market fared in 2015, and their predictions for the coming year.
RSA has sold its 75% stake in general insurer Intouch Insurance in Russia.
Insurers have traditionally been reluctant to underwrite Arctic shipping: the risks of injuries and pollution have been high and unpredictable.
The real value of motor insurance markets in the UK and Italy are likely to decline over the next few years, as emerging Asian markets continue rapid expansion, according to Finaccord.
The Russian insurance market grew by 2% over the first half of the year, increasing at a smaller rate than the number of complaints and sanctions against insurers.
In Q2, the license of the chief CMTPL market player was withdrawn but returned shortly afterwards; the Russian Association of Motor Insurers summed up the results of the first quarter of 2015; Insurer ORANTA went through rough times.
Aon has identified the 10 countries where the vast majority of global terrorist attacks occur.
Euler Hermes expects the Asia-Pacific region to drive global growth in 2015 although a slowdown in payments in China is a concern.
Paul Koshik looks back at the first quarter of this year in the Russian insurance market
Insurance companies Allianz and AIG closed their business arms in Russia while Rosgosstrakh closed its Belarusian subdivision and continued to receive fines for breaching the law for selling compulsory motor third party liability insurance certificates
Risk analyst Verisk Maplecroft has flagged Russia as a "grave source" of political risk uncertainty for 2015 with a high risk the Russian government will attempt to maintain its authority through external conflicts.
Zurich Insurance Group has completed the sale of its general insurance retail business in Russia to OLMA Group.
Conflict in the region tipped to push Ukrainian business westward
Paul Koshik takes a look at events in the Russian insurance market during the last quarter
EU’s new list of sanctions is on hold while Russia and Ukraine ceasefire is in place
Zurich has agreed to sell its Russian retail business to investment firm OLMA Group, but will retain its Russian corporate business.
Sberbank Strakhovanie looks set to become the leader of the Russian insurance market, Ingosstrakh and Alliance Zhizn change their management and Sogaz avoids US sanctions
The first quarter of 2014 turned out to be a very calm period for the Russian insurance market. However, although nothing significant happened, there have been positive developments in the sector, says Paul Koshik,