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SOGAZ Insurance Group's chairman Sergei Ivanov has said that the Russian central bank is discussing options to support insurers in the country who have been affected by a lack of reinsurance capacities, Forinsurer reported citing Interfax.
One of the possibilities being considered is the creation of a state reinsurer, but no plans have been decided so far, Mr. Ivanov said.
The industry is concerned about the impact of Western sanctions on the insurance Russian market.
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