Insurance Post

Rosgosstrakh posts colossal losses amid troubled Russian motor market

russia-04

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 expected to improve in the near future.

Rosgosstrakh: problems at home and new prospects abroad
One of the largest Russian insurers by size, premiums, assets and reserves, Rosgosstrakh is going through hard times. According to its results

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