Value of life insurance premiums written in Russia 2015-2024

Published by A. Melkadze, Nov 1, 2024

Following a slight decline in 2019, the life insurance market in Russia recovered, with premiums value reaching 775 billion Russian rubles in 2023. In the following year, the annual value of premiums written in that insurance segment was forecast to increase by 55 billion Russian rubles.

Annual value of premiums written in life insurance market in Russia from 2015 to 2024 (in billion Russian rubles)

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Release date

April 2024

Region

Russia

Survey time period

2015 to 2023

Supplementary notes

*Forecast.

The statistic has been compiled from several reports by the source.

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