Average expected loss ratio in the insurance market Russia 2018-2021

*An expected loss ratio is a way of determining how much money earned from premiums an insurer should set aside to pay for future claims.
**Forecast data.

The source clarified the following:
"CMTPL – compulsory motor third-party liability that is required under Russian Law and is aimed at protecting other people, vehicles, and property in the event of an accident that is caused by a policyholder."

"Casco – comprehensive car insurance where the policy covers risks associated with your own car, such as damage (including write-offs), vandalism, fire, falling objects (e.g. trees), natural disasters, and theft. The policy does not cover risks such as medical expenses, damage to another person’s car from a collision, or any damage to objects being transported in your car."