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Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020

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Source

Release date

July 2021

Region

Russia

Survey time period

2017 to 2020

Supplementary notes

The source specified the following information:
"The actual shares of administrative and acquisition costs were calculated as average ratios, based on the IFRS financial statements of the Top-10 companies."

Citation formats

Actual administrative and acquisition costs' share in Russian insurance 2017-2020

Published by Jenny Yang, Jul 29, 2021
Real acquisition costs share in the Russian insurance market has decreased in 2020, following a steady upwards trend. The share of administrative costs reduced by about percent in 2020 compared to 2017 figures. By 2021, it was expected to reach approximately ** percent.
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