04-12-08
Russian Insurers Risk to Lose 50 % of Insurance Premiums

In 2009, the Russian insurers may face up to 50 % reduction of the volumes of collected insurance premiums and a similar reduction of the number of players. The companies, which have invested big money in retail, will have to reconsider radically the terms of its recoupment, and those, who specialized exclusively in autoinsurance, will have to think, how to survive.