Translation. Region: Russian Federal
Source: Central Bank of Russia –
In January-March 2025, the cost of a classic MTPL policy for ordinary motorists was on average 5.1% lower than a year earlier (7.3 thousand rubles). They issued almost 8.3 million such compulsory motor insurance contracts.
Another 1.5 million classic MTPL policies were issued to other categories of policyholders (public transport, business representatives, etc.). In the first quarter, about 0.9 million were concluded.short-term OSAGO contractsThese policies are in demand mainly among taxi drivers, who took them out for an average of two days for 272 rubles.
The total amount of premiums under compulsory motor third party liability insurance amounted to 73.9 billion rubles, and payments amounted to 51.7 billion rubles.
Overall, the insurance market in Q1 increased almost 1.5 times, to 845.4 billion rubles. As in the previous year, almost all of the growth was provided by the segment of accumulative and investment life insurance. The volume of payments for this period increased more than twofold, to 602.5 billion rubles. Read more about the situation on the market in“Review of key performance indicators of insurers”.
Preview photo: LeManna / Shutterstock / Fotodom
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