Real acquisition costs share in the Russian insurance market has decreased in 2020, following a steady upwards trend. The share of administrative costs reduced by about three percent in 2020 compared to 2017 figures. By 2021, it was expected to reach approximately 11 percent.
Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020
The source specified the following information:
"The actual shares of administrative and acquisition costs were calculated as average ratios, based on the IFRS financial statements of the Top-10 companies."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
KPMG. (July 29, 2021). Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020 [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/
KPMG. "Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020." Chart. July 29, 2021. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/
KPMG. (2021). Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/
KPMG. "Actual Share of Administrative and Acquisition Costs in The Insurance Market in Russia from 2017 to 2020." Statista, Statista Inc., 29 Jul 2021, https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/
KPMG, Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020 Statista, https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/ (last visited October 30, 2024)
Actual share of administrative and acquisition costs in the insurance market in Russia from 2017 to 2020 [Graph], KPMG, July 29, 2021. [Online]. Available: https://www.statista.com/statistics/1087417/russia-actual-share-of-administrative-and-acquisition-costs-insurance-market/
