Russia Is Blooming

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Russia Is B(l)ooming
15th October 2003
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Contents

• Russian economy, positive tendency
• Insurance market development
• Insurance market and its structure
• Main developments of the market
• Perspectives

Russia is Blooming
15th October 2003
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Change of GDPs constituent parts, 2000-2002
Source Ministry of Economic Growth and Commerce
Russia is Blooming
15th October 2003
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The ratio of premiums to GDP, 1996-2002

Russia is Blooming
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Premium Income,1993-2002
bln
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15th October 2003
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Russian Insurance Industry Evolution1992-2002
Russia is Blooming
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Investment companies
Banks
Sogaz
GAZPROM
Gazprommedstrah
Russian Bank of trusteeship
Power Industry Lider Energogarant Energopolis Ros
energo MAKS
MDM -Bank
Saint- Petersburg
EES Russia
Gr. Alfa
Interros- FincOm
Gr. Sputnik
Reso-Garantia
RUSKO
Bashkreditbank
Russkiy Mir
AFK System
Reneissance - Insurance
AlfaInsurance
Gr. Akkord
Ost-West-Alliance
Petroleum Industry Rosneft Neftepolis Yukos
Progress Slavneft Siberia LUKoil
LUKOIL TatNeft Chulpan
Group Soglasie Metallurgy Severostal
Sheksna Magnitogorskiy MK SKM Sual
Sibirsko-Uralskaya CK NLMK Shans
ROSNO
Alianz AG
RAO
Nuclear power companies
AIG
AIG Russia
Consortium leader Troyka Dialog
NiKoil
Zurich
Consortium Sibirskiy Alluminiy Sibneft
Nafta-Moscow
Zurich - Rus
Foreign Companies
Colonia
PSK
Rossia
Alte Leiptziger
Rus
Ural - AIL
Insurance companies of law machinery
Holding Company Long-term Investment Incl
Priroda
National Insurance Group
ChSK
Ural-Siberian agreement more then 30
companies
Rosgosstrakh 80 branches
Inkasstrakh
Ingosstrakh
Government
Gr. VSK
Defense Industry Space RIC, Zhiva, Megarus
Transport Avicos, AFES, Moskva, Investflot,
Avia, Zhaso, zhasko, Test -Zhasko
Group Nasta
Rosoboronexport
Gr. Avest
Center-Broker
Progress-Neva Uzh-Ural-ASKO ASK
Peterburg Stolychnoye SO Metropolis
Nasko Tatarstan
NIL
Pomosch
Construction MOSSO, Gefest, Mezhregiongarant
Yakor
Russkie strahovie tradiciyi
Pari
Spasskie Vorota
Moscow IC
Yugoria
Regional authorities
Affiliated structures and top- managers
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Top 10 insurance companies, 2002
Excluding reinsurance. Rosgosstrakh" -
preliminary data per form 1-?.
Source Rating Agency Expert RA
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Leaders in Motor Insurance, 2002
Source Rating Agency Expert RA
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Leaders in Voluntary Medical Insurance, 2002
Source Rating Agency Expert RA
Russia is Blooming
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Leaders in Property Insurance, 2002
Source Rating Agency Expert RA
Russia is Blooming
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Leaders in Cargo Insurance, 2002
Source Rating Agency Expert RA
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THE RUSSIAN INSURANCE MARKET HAS HUGE POTENTIAL
At a conservative estimate, potential insurance
premiums from one inhabitant of Russia could be
40-60 per year
That will create an insurance market of 6-9
billion
20 growth of the insurance market in 5-7 years
Hungary
5.8-8.7
148
Poland
140
Slovakia
123
2.4
Russia (potential)
40-60
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Russia 2003
2003
Potential
The Russian insurance market could potentially
grow by 2,4 to 3,6 times in comparison with
existing volumes
Russia is Blooming
15th October 2003