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Russia: Insurers' capital up 6% to $6.39 billion in 2013

January 29, 2014 - 6:01am

Figures have revealed that the total capital of Russian insurers increased 6% to reach 210.4 billion Russian rubles ($6.39 billion) at the end of 2013, Forinsurer reports.

Meanwhile, the number of insurers fell to 420 from 459.

Figures indicate that 126 insurers have a registered capital of RUB 480 million ($14.6 million) or more, of which 35 have a capital RUB 1 billion ($30.4 million) or more.

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