The Russian Insurance Market is One of the Fastest Growing Markets in the World

Tue May 27, 2008 10:30pm EDT
 
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DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c92993) has announced the
addition of "Russian Insurance Industry Forecast to 2010" to their
offering.

   The Russian insurance market is one of the fastest growing markets
in the world. It has expanded rapidly over the past few years, and on
the back of regulatory developments, government support, economic
growth and rising income level, the market will continue to grow at
fast pace in the coming years, according to a recent research report
"Russian Insurance Industry Forecast to 2010", that provides a
detailed analysis on the Russian insurance sector.

   Exploring the market development and potential, the report offers
a broad overview of the Russian insurance industry. The forecasts and
estimations given in this report are not based on a complex economic
model, but are intended as a rough guide to the direction in which the
market is likely to move.

   Key Findings

   --  Russia is the dominant insurance market among the CIS member
        countries and accounted for over 85% of the total premium
        written by all CIS members in 2006.

   --  After significant declines, Russian life insurance market is
        anticipated to accelerate at a CAGR of 4.6% during 2008-2011.

   --  Non-life insurance is forecasted to grow at a CAGR of 16%
        during 2008-2011.

   --  Property, Aviation, Motor Hull and Construction Risk insurance
        are some of the fastest growing products of the Russian
        insurance market.

   Key Issues & Facts Analyzed

   --  What are the key factors fuelling growth in the Russian
        insurance market?

   --  Which are the fastest growing products?

   --  What is the consumer behaviour?

   --  How the market is likely to move in future?

   --  What are the various opportunity areas?

   --  What are the key challenges for the market?

   Key Players

   --  This section provides business overview and financial status
        of key players in the Russian insurance market, like
        Rosgosstrakh, Ingosstrakh, Reso-Garantia, Soglasie, AIG, Ergo,
        etc.

   Research Methodology Used

   --  Information Sources

   --  Information has been sourced from books, newspapers, trade
        journals, and white papers, industry portals, government
        agencies, trade associations, monitoring industry news and
        developments, and through access to over 3000 paid databases.

   Analysis Methods

   --  The analysis methods include ratio analysis, historical trend
        analysis, linear regression analysis using software tools,
        judgmental forecasting, and cause and effect analysis."

   For more information visit
http://www.researchandmarkets.com/reports/c92993

Research and Markets
Laura Wood, Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com

Copyright Business Wire 2008

 

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