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The market of agricultural insurance with state support increased by 13%
Key market trends - consolidation of insurance contracts and the growth in the volume of liability insurance companies accept risks
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The results of the period January-September 2016 the market volume of insurance selkhozizdat in Russia made up of 7.35 billion rubles, which is 11% higher than the same period last year (of 6.65 bn). Of this amount, the majority of 6.41 billion rubles, or 87% of the premium accrued under contracts concluded on the conditions of agricultural insurance with state support. 943 thousand RUB, the non-received under insurance contracts selhozartel concluded on a commercial, unsubsidized terms. Compared to the same period last year, the premium on agricultural insurance with state support increased by 13%, insurance without state support decreased by 5%. Insurance contracts with state support selkhozizdat concluded 19 insurance companies.


"The main trends of the agricultural insurance market of Russia in the first 9 months of 2016 premium growth, integration of insurance contracts and the growth in the volume of liability insurance companies accept risks. The main growth indicators provides a market of agricultural insurance with state support, but also for the first time in several years, there has been a trend of improvement in the segment of unsubsidized insurance selkhozizdat, which stops the fall and normalizes the level of payments"
— said the President of the National Union of agricultural insurers the Roots of Beidou, commenting on the NSA conducted analysis of data on insurance selkhozizdat in Russia, published by the Bank of Russia on 1 December.



Translated by service "Yandex.Translation"
Источники: AgriTimes Новости
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