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Personal Accident and Health Insurance in Russia, Key Trends and Opportunities to 2021

Personal Accident and Health Insurance in Russia, Key Trends and Opportunities to 2021

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Russia, Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Russian personal accident and health insurance segment, and a comparison of the Russian insurance industry with its regional counterparts.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2012–2016) and forecast period (2016–2021).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Russian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetric’s 'Personal Accident and Health Insurance in Russia, Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Russian personal accident and health insurance segment, including:

  • An overview of the Russian personal accident and health insurance segment
  • The Russian personal accident and health insurance segment’s growth prospects by category
  • A comprehensive overview of the Russian economy and demographics
  • A comparison of the Russian personal accident and health insurance segment with its regional counterparts
  • The various distribution channels in the Russian personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Russia
  • Details of regulatory policy applicable to the Russian insurance industry
Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Russia:
  • It provides historical values for the Russian personal accident and health insurance segment for the report’s 2012–2016 review period, and projected figures for the 2016–2021 forecast period.
  • It offers a detailed analysis of the key categories in the Russian personal accident and health insurance segment, and market forecasts to 2021.
  • It provides a comparison of the Russian personal accident and health insurance segment with its regional counterparts
  • It provides an overview of the various distribution channels for personal accident and health insurance products in Russia.
  • It profiles the top personal accident and health insurance companies in Russia, and outlines the key regulations affecting them.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Russian personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Russian personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Russian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • Personal accident and health insurance is the largest segment in the Russian insurance industry, accounting for 65.8% of its gross written premium in 2016.
  • The penetration of personal accident and health segment fell from 2.2% in 2015 to 2.0% in 2016.
  • In November 2016, VTB Insurance completed the acquisition of a 100% stake in OJSC Rosno-MS, a leader in the Russian mandatory medical insurance market.
  • New regulations on solvency and financial stability came into force on July 1, 2015, and are expected to be amended over the forecast period.


  • Key Facts and Highlights
    • Table Russian Personal Accident and Health Insurance - Key Facts, 2016
    • Table Russian Personal Accident and Health Insurance - Segment Shares of the Top
  • Executive Summary
  • Economy and Demographics
    • Table Russian Government Credit Ratings
    • Table Annual GDP Growth Rate - BRICS, 2012-2016
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Russian Personal Accident and Health Insurance - Gross Written Premium (RUB Billion and US$ Billion), 2012-2016
        • Table Russian Personal Accident and Health Insurance - Penetration (%), 2012-2016
        • Table Russian Personal Accident and Health Insurance - Gross Written Premium (RUB Billion and US$ Billion), 2016-2021
        • Table Russian Personal Accident and Health Insurance - Penetration (%), 2016-2021
        • Table Russian Personal Accident and Health Insurance - Premium per Capita (RUB and US$), 2012-2016
        • Table Russian Personal Accident and Health Insurance - Premium per Capita (RUB and US$), 2016-2021
      • Policies sold
        • Table Russian Personal Accident and Health Insurance - Number of Policies sold (Million), 2012-2016
        • Table Russian Personal Accident and Health Insurance - Number of Policies sold (Million), 2016-2021
      • Claims
        • Table Russian Personal Accident and Health Insurance - Paid Claims (RUB Billion and US$ Billion), 2012-2016
        • Table Russian Personal Accident and Health Insurance - Paid Claims (RUB Billion and US$ Billion), 2016-2021
  • Outlook by Category
    • Table Russian Personal Accident and Health Insurance - Direct Written Premium by Category (RUB Billion),2012-2016
    • Table Russian Personal Accident and Health Insurance - Direct Written Premium by Category (RUB Billion), 2016-2021
    • Personal Accident Insurance
      • Premium
        • Table Russian Personal Accident Insurance - Direct Written Premium (RUB Billion and US$ Billion), 2012-2016
        • Table Russian Personal Accident Insurance - Direct Written Premium (RUB Billion and US$ Billion), 2016-2021
      • Policies sold
        • Table Russian Personal Accident Insurance - Number of Policies sold (Million), 2012-2016
        • Table Russian Personal Accident Insurance - Number of Policies sold (Million), 2016-2021
      • Claims
        • Table Russian Personal Accident Insurance - Paid Claims (RUB Billion and US$ Billion), 2012-2016
        • Table Russian Personal Accident Insurance - Paid Claims (RUB Billion and US$ Billion), 2016-2021
    • Health Insurance
      • Premium
        • Table Russian Health Insurance - Direct Written Premium by Sub-Category (RUB Billion and US$ Billion), 2012-2016
        • Table Russian Health Insurance - Direct Written Premium by Sub-Category (RUB Billion), 2016-2021
      • Policies sold
        • Table Russian Health Insurance - Number of Policies sold by Sub-Category (Million), 2012-2016
        • Table Russian Health Insurance - Number of Policies sold by Sub-Category (Million), 2016-2021
      • Claims
        • Table Russian Health Insurance - Paid Claims (RUB Billion and US$ Billion), 2012-2016
        • Table Russian Health Insurance - Paid Claims (RUB Billion and US$ Billion), 2016-2021
    • Travel Insurance
      • Premium
        • Table Russian Travel Insurance - Direct Written Premium (RUB Billion and US$ Billion), 2012-2013
      • Policies sold
        • Table Russian Travel Insurance - Number of Policies sold , 2012-2013
      • Claims
        • Table Russian Travel Insurance - Paid Claims (RUB Billion and US$ Billion), 2012-2015
  • Distribution Channel Outlook
    • Analysis by Distribution Channel
      • Table Russian Personal Accident and Health Insurance - Direct Written Premium by Distribution Channel (RUB Billion), 2012-2016
      • Table Russian Personal Accident and Health Insurance - Direct Written Premium by Distribution Channel (RUB Billion), 2016-2021
      • Table Russian Personal Accident and Health Insurance - Percentage of Direct Written Premium by Channel, 2012-2021
      • Direct marketing
      • Agencies
      • Bancassurance
      • Brokers
      • E-commerce
  • Competitive Landscape
    • Table Russian Personal Accident and Health Insurance - Segment Shares of the Leading Insurers (%), 2016
    • Company Profiles
      • Sogaz-Med Insurance Company - company overview
        • Table Sogaz-Med Insurance Company - Key Facts
        • Table Sogaz-Med Insurance Company Ltd - Key Financials (RUB Million), 2012-2016
      • Rosno-MS - company overview
        • Table Rosno-MS - Key Facts
        • Table Rosno-MS - Key Financials (RUB Million), 2012-2016
      • MAKC-M - company overview
        • Table MAKC-M - Key Facts
        • Table MAKC-M - Key Financials (RUB Million), 2012-2016
      • Rosgosstrakh-Medicine - company overview
        • Table Rosgosstrakh-Medicine - Key Facts
        • Table Rosgosstrakh-Medicine - Key Financials (RUB Million), 2012-2016
      • Alfa Strakhovanie-CHI - company overview
        • Table Alfa Strakhovanie-CHI - Key Facts
        • Table Alfa Strakhovanie-CHI - Key Financials (RUB Million), 2012-2016
  • Governance, Risk and Compliance
    • Table Russia - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Russia- Life Insurance Regulatory Framework
      • Property insurance
        • Table Russia - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Russia - Motor Insurance Regulatory Framework
        • Table Russia - Bonus-Malus System
      • Liability insurance
        • Table Russia - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Workmen's compensation insurance
      • Motor third-party liability insurance
        • Table Russia - Compensation Provided by the Insurer under Motor Liability Insurance
      • Aviation liability insurance
        • Table Russia - Compensation Provided by the Insurer in the Event of Accident by Domestic Air Carriage
      • Health insurance
      • Third-party liability insurance for hazardous activities
      • Clinical trials liability insurance
      • Liability for ships with respect to oil pollution
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Financial Market Access Department of the Central Bank of Russia
      • All-Russian Insurance Association
    • Non-Admitted Insurance Regulation
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margins
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Russia - Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table Russian Personal Accident and Health Insurance Industry - Policies and Premium, 2012-2016
      • Table Russian Personal Accident and Health Insurance Industry - Policies and Premium, 2016-2021
    • Claims and Expenses
      • Table Russian Personal Accident and Health Insurance - Claims and Expenses, 2012-2016
      • Table Russian Personal Accident and Health Insurance - Claims and Expenses, 2016-2021
    • Direct Marketing and E-Commerce
      • Table Russian Personal Accident and Health Insurance - Direct Marketing and ECommerce, 2012-2016
      • Table Russian Personal Accident and Health Insurance - Direct Marketing and ECommerce, 2016-2021
    • Insurance Brokers and Agencies
      • Table Russian Personal Accident and Health Insurance - Insurance Brokers and Agencies, 2012-2016
      • Table Russian Personal Accident and Health Insurance - Insurance Brokers and Agencies, 2016-2021
    • Bancassurance and Other Distribution Channels
      • Table Russian Personal Accident and Health Insurance - Bancassurance and Other Distribution Channels, 2012-2016
      • Table Russian Personal Accident and Health Insurance - Bancassurance and Other Distribution Channels, 2016-2021
    • Personal Accident Insurance
      • Table Russian Personal Accident and Health Insurance - Personal Accident Insurance, 2012-2016
      • Table Russian Personal Accident and Health Insurance - Personal Accident Insurance, 2016-2021
    • Health Insurance
      • Table Russian Personal Accident and Health Insurance - Health Insurance, 2012-2016
      • Table Russian Personal Accident and Health Insurance - Health Insurance, 2016-2021
    • Health Insurance by Product
      • Table Russian Personal Accident and Health Insurance - Health Insurance by Product, 2012-2016
      • Table Russian Personal Accident and Health Insurance - Health Insurance by Product, 2016-2021
    • Travel Insurance
      • Table Russian Personal Accident and Health Insurance - Travel Insurance, 2012-2016
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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