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Russian insurance market set to double by 2010 says Lloyd's report

The value of the Russian insurance market is set to double to $41bn over the five-year period 2006-2010, according to a Lloyd's Market intelligence report.

Russia 2010: A Lloyd's View outlines the factors driving a 16% per annum growth rate, notably:

market consolidation with fewer, stronger players emerging as well as joint ventures and acquisitions

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