How big is the Russia Car Insurance Market?

May 2023: The international Green Card agreements on motor liability insurance with Russia and Belarus were terminated, and the agreement ended at the end of May 2023. Motorists are required to include a local insurance policy valid in Russia.
March 2022: AXA Group decided to withdraw its board members from Reso Garantia, a Russian insurer in which it holds a minority stake of less than 40%. AXA also ceased to underwrite new insurance business and halted all renewals on Russian-owned assets.

The Russia Car Insurance Market size is expected to reach USD 4.87 billion in 2024 and grow at a CAGR of 5.67% to reach USD 6.42 billion by 2029. Read More

What is the current Russia Car Insurance Market size?

In 2024, the Russia Car Insurance Market size is expected to reach USD 4.87 billion. Read More

Who are the key players in Russia Car Insurance Market?

Sogaz, Ingosstrakh, Alfa Strakhovanie, Reso-Garantia and Rosgosstrakh are the major companies operating in the Russia Car Insurance Market. Read More

What years does this Russia Car Insurance Market cover, and what was the market size in 2023?

In 2023, the Russia Car Insurance Market size was estimated at USD 4.59 billion. The report covers the Russia Car Insurance Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Russia Car Insurance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Russia Car Insurance Companies

This report lists the top Russia Car Insurance companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Russia Car Insurance industry.