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1941
04.04.2019
Insurance market: key figures of 2018
4 April 2019
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Over 2018, the total assets of insurance companies grew by more
Among the key types of
economic activity, a dramatic slowdown of price rises was recorded in the extraction of
natural resources. The key factor behind
2018 Q4 2018
2018 2019 2019
Output of goods and services by key industry 1.9 2.5 2.9 0.2 …
Industrial output 2.
Central bank key rate A rate set by a central bank to impact interest rates in the economy. Usually, a change to the key
rate
of raw materials and
fuel, as well as rising wages among the key cost
growth factors.
According to the Bank of Russia’s survey of
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on the regulator's website on 24 October 2018.
One of the key points of the discussion was reform to the licensing system for accounting
Key rate
Key rate CPI, % YoY
CPI, % YoY
Source: Bank of Russia
10
Money market conditions
Due to the structural The dynamics of the key
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The issue highlights the Bank of Russia’s decision to keep the key rate unchanged at 7.75% p.a. and also information on the
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insurers and their agents will be obliged to warn customers about the key risks linked to the insurance products they offer and the main conditions
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to keep the key rate at 7.75% p.a.
We have every reason to believe that the decisions to raise the key rate made