Insurance market: 2024 results
14 March 2025
News
In 2024, the amount of insurance premiums increased by 62.8% to ₽3.7 trillion. The market was mainly driven by life insurance, where premiums reached historic highs.
Other segments demonstrating strong positive dynamics included voluntary medical insurance, motor insurance, and corporate insurance.
As of the end of 2024, insurers’ net profit was up almost 1.5 times and reached ₽462.8 billion.
More details on the situation in the market as of the end of 2024 are available in the Review of Key Indicators of Insurers.