Earlier media wrote that the Russian insurance market has lost about a quarter of the companies-players (at the end of December they counted less than 260 companies instead of 330 at the beginning of the year).
Bank of Russia, regulating insurers in Russia, provided analysis of 2015 results in Russian insurance market. 478 players only was left in 2015 on the Russian market – 70 lost licenses.
Negative impact on the car insurance market is exerted by factors as the devaluation of the ruble, the decrease in corporate insurance costs, the proliferation of fraud. Thus, the loss ratio for all types