pass 2023: the post-crisis recovery ensur growth in brazil telegram data 30 million fees, assets, profits and capital of insurers. Ilya Smirnov, head of the insurance market department of. The Bank of Russia, spoke about the new tasks that the Bank of Russia. And its two insurance subsidiaries, as well as all participants. The insurance market, will have to solve next year in an interview with Interfax.
The insurance market show excellent
financial results first in the first half of the year, then at the end of the 9 months. Can we hope for an equally successful end to the year?
Inde, the insurance market is doing well
Would like to believe that everything will be fine for the year as well. Insurance premiums for the first 9 months of this year grew by 25% compar to the same period in 2022, to almost 1.7 trillion rubles. As for net profit, it increas more than threefold, which is also due to the effect of the low base of last year. We expect that by the end of the full year, profitability will also remain in the what are the types of lead generation? positive zone. The insurance market was help to overcome the crisis not only by the measures of the Bank of Russia at the time of the crisis, but also by the systemic decisions that the regulator and legislators took after the introduction of sanctions in 2014. Thus, in 2016, the Russian National Reinsurance Company, our subsidiary, was creat. When traditional Western partners of Russian reinsurers left the domestic ao lists market last year, RNRC took over their portfolios in full and maintain the current reinsurance conditions, ensuring continuity of insurance coverage for Russian businesses.
