Third-party motor penetration reaches 90% in Russia
Third-party motor liability gross premiums written by Russian insurers in 2011 reached RUB106bn (€2.61bn), a 15.2% increase on the year before, according to Russia's Motor Insurers' Association.
Pavel Bunin, president of the Russian Motor Insurers' Association, said at the Yalta International Finance Forum in Ukraine yesterday that premium growth continued in the first quarter of 2012, when
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