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Life Insurance & Pension in Russia

Publisher MarketLine
Published Dec 31, 2025
Length 38 Pages
SKU # MTLN21020481

Description

Life>Insurance>&>Pension>in>Russia

Summary

>Life>Insurance>&>Pension>in>Russia>industry>profile>provides>top-line>qualitative>and>quantitative>summary>information>including:>market>size>(value>2019-24,>and>forecast>to>2029).>The>profile>also>contains>descriptions>of>the>leading>players>including>key>financial>metrics>and>analysis>of>competitive>pressures>within>the>market.

Key>Highlights
  • Life>insurance>is>the>financial>cover>for>a>contingency>linked>with>human>life,>like>death,>disability,>accident,>retirement,>etc.>Human>life>is>subject>to>risks>of>death>and>disability>due>to>natural>and>accidental>causes.>When>human>life>is>lost>or>a>person>is>disabled>permanently>or>temporarily,>there>is>a>loss>of>income>to>the>household.
  • The>Russian>life>insurance>&>pension>market>recorded>gross>written>premiums>of>$8.7>billion>in>2024,>representing>a>compound>annual>growth>rate>(CAGR)>of>6.7%>between>2019>and>2024.
  • The>life>insurance>segment>accounted>for>the>market's>largest>proportion>in>2024,>with>total>gross>written>premiums>of>$8.7>billion,>equivalent>to>99.7%>of>the>market's>overall>value.
  • The>Russian>life>insurance>&>pension>market>experienced>an>annual>revenue>growth>of>6.8%>in>2024,>primarily>driven>by>the>increasing>population>of>individuals>aged>65>and>above.
Scope
  • Save>time>carrying>out>entry-level>research>by>identifying>the>size,>growth,>major>segments,>and>leading>players>in>the>life>insurance>&>pension>market>in>Russia
  • Use>the>Five>Forces>analysis>to>determine>the>competitive>intensity>and>therefore>attractiveness>of>the>life>insurance>&>pension>market>in>Russia
  • Leading>company>profiles>reveal>details>of>key>life>insurance>&>pension>market>players’>global>operations>and>financial>performance
  • Add>weight>to>presentations>and>pitches>by>understanding>the>future>growth>prospects>of>the>Russia>life>insurance>&>pension>market>with>five>year>forecasts
Reasons>to>Buy
  • What>was>the>size>of>the>Russia>life>insurance>&>pension>market>by>value>in>2024?
  • What>will>be>the>size>of>the>Russia>life>insurance>&>pension>market>in>2029?
  • What>factors>are>affecting>the>strength>of>competition>in>the>Russia>life>insurance>&>pension>market?
  • How>has>the>market>performed>over>the>last>five>years?
  • What>are>the>main>segments>that>make>up>Russia's>life>insurance>&>pension>market?

Table of Contents

38 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What are the strengths of the leading players?
7.5. What are the challenges in the market?
8 Company Profiles
8.1. Rosgosstrakh
8.2. Sberbank Life Insurance
8.3. Alfa Strakhovanie -Life LLC
8.4. Renaissance Life Insurance Company Russia
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Russia life insurance & pension market value: $ billion, 2019-24
Table 2: Russia life insurance & pension market category segmentation: % share, by value, 2019-24
Table 3: Russia life insurance & pension market category segmentation: $ billion, 2019-24
Table 4: Russia life insurance & pension market geography segmentation: $ billion, 2024
Table 5: Russia life insurance & pension market value forecast: $ billion, 2024-29
Table 6: Russia life insurance & pension market share: % share, by value, 2024
Table 7: Rosgosstrakh: Key Facts
Table 8: Rosgosstrakh: Annual Financial Ratios
Table 9: Rosgosstrakh: Key Employees
Table 10: Sberbank Life Insurance: Key Facts
Table 11: Sberbank Life Insurance: Key Employees
Table 12: Alfa Strakhovanie -Life LLC: Key Facts
Table 13: Renaissance Life Insurance Company Russia: Key Facts
Table 14: Renaissance Life Insurance Company Russia: Key Employees
Table 15: Russia Size of Population (Million), 2020-24
Table 16: Russia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 17: Russia GDP (Current Prices, $ Billion), 2020-24
Table 18: Russia Inflation, 2020-24
Table 19: Russia Consumer Price Index (Absolute), 2020-24
Table 20: Russia Exchange Rate, 2019-24
List of Figures
Figure 1: Russia life insurance & pension market value: $ billion, 2019-24
Figure 2: Russia life insurance & pension market category segmentation: $ billion, 2019-24
Figure 3: Russia life insurance & pension market geography segmentation: % share, by value, 2024
Figure 4: Russia life insurance & pension market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the life insurance & pension market in Russia, 2024
Figure 6: Drivers of buyer power in the life insurance & pension market in Russia, 2024
Figure 7: Drivers of supplier power in the life insurance & pension market in Russia, 2024
Figure 8: Factors influencing the likelihood of new entrants in the life insurance & pension market in Russia, 2024
Figure 9: Factors influencing the threat of substitutes in the life insurance & pension market in Russia, 2024
Figure 10: Drivers of degree of rivalry in the life insurance & pension market in Russia, 2024
Figure 11: Russia life insurance & pension market share: % share, by value, 2024

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