"Reinsurance in Russia, Key Trends and Opportunities to 2017" Published
The Russian reinsurance segment registered decline at CAGR of -6.0% during the review period (2008-2012). This was mainly due to the low operating efficiency of reinsurers, a lack of understanding among Russian insurance firms as to the benefits of reinsurance, and an increase in the reinsurance ceded to foreign reinsurers. Foreign companies dominate the reinsurance segment. Although the tariffs of Russian reinsurers are often lower than those of their foreign competitors, the majority of Russia's outward reinsurance business goes to...
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