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International

Russia's reinsurance market declines

March 07, 2018 Reprints

Data from the Central Bank of Russia showed that Russia's inward reinsurance market declined nearly 3% in 2017, while the outward reinsurance market fell 17.6%, Xprimm.com reported. Volume of reinsurance premiums ceded to foreign reinsurers decreased 23% year over year, while premiums ceded to local reinsurers increased 12%.

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Russia's reinsurance market declines

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