Households drive market demand, with household spending representing 50.8% of total demand in 2020. RESO-Garantija OSAO is the largest company in Russia, generating 10.5% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 23.7% of total turnover in 2020. The costs of the industry decrease by 16.4% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 17.9% of turnover in 2020, the seventh highest in the region. With turnover of USD11.8 billion, Russia accounts for 34.4% of the Eastern Europe total in 2020.
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This Euromonitor industrial report provides unique information on Insurance and Pension Funding in Russia: ISIC 66. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insurance and Pension Funding in Russia: ISIC 66 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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