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Insurance premiums inch up 2% in Russia

Posted On: Aug. 31, 2015 12:00 AM CST

Data from Russia's central bank has shown that insurance premiums in the country increased 2% to 517.75 billion Russian rubles ($7.9 billion) in the first half of 2015, reports citing TASS news agency.

Claims payments for the period increased 9.5% to RUB 236.54 billion. Russia's Sogaz Insurance Group, OAO Rosgosstrakh, OSAO RESO-Garantia and Ingosstrakh Insurance Co. were the market leaders in premium writings in the first half.

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