Life insurance drives up industry performance in 2026 H1
21 August 2026
News
Over January–June 2026, the amount of insurance premiums increased by 14.4% year on year, reaching ₽2 trillion. The growth in the industry was driven by endowment life insurance (ELI).
Individuals took out ELI policies primarily for up to one year with guaranteed returns. In most cases, people paid a lump sum premium. The average premium under half of such policies exceeded ₽10 million.
Total insurance payments rose by 16% to ₽1.3 trillion. The insurance market’s net profit declined by nearly a third.
More details on the situation in the market in 2026 H1 are available in the Review of Key Indicators of Insurers for 2026 Q2.
Preview photo: Privilege / Shutterstock / Fotodom