EXECUTIVE SUMMARY 2
MARKET OVERVIEW 7
Market definition 7
Research highlights 8
Market analysis 9
MARKET VALUE 10
MARKET SEGMENTATION I 11
MARKET SEGMENTATION II 12
FIVE FORCES ANALYSIS 13
Summary 13
Buyer power 14
Supplier power 15
New entrants 16
Substitutes 18
Rivalry 19
LEADING COMPANIES 20
Allianz AG 20
AXA 26
Rosgosstrakh 31
MARKET FORECASTS 32
Market value forecast 32
MACROECONOMIC INDICATORS 33
APPENDIX 35
Methodology 35
Industry associations 36
Related research 36
Disclaimer 37
ABOUT THE PUBLISHER 38
Premium Reports 38
Summary Reports 38
Our Consultancy38

LIST OF TABLES
Table 1: Russia insurance market value: $ million, 2005–09 10
Table 2: Russia insurance market segmentation I:% share, by value, 2009 11
Table 3: Russia insurance market segmentation II: % share, by value, 2009 12
Table 4: Allianz AG: key facts 20
Table 5: Allianz AG: key financials ($) 23
Table 6: Allianz AG: key financials (€) 23
Table 7: Allianz AG: key financial ratios 24
Table 8: AXA: key facts 26
Table 9: AXA: key financials ($) 28
Table 10: AXA: key financials (€) 28
Table 11: AXA: key financial ratios 29
Table 12: Rosgosstrakh: key facts 31
Table 13: Russia insurance market value forecast: $ million, 2009–14 32
Table 14: Russia size of population (million), 2005–09 33
Table 15: Russia GDP (constant 2000 prices, $ billion), 2005–09 33
Table 16: Russia GDP (current prices, $ billion), 2005–09 33
Table 17: Russia inflation, 2005–09 34
Table 18: Russia consumer price index (absolute), 2005–09 34
Table 19: Russia exchange rate, 2005–09 34

LIST OF FIGURES
Figure 1: Russia insurance market value: $ million, 2005–09 10
Figure 2: Russia insurance market segmentation I:% share, by value, 2009 11
Figure 3: Russia insurance market segmentation II: % share, by value, 2009 12
Figure 4: Forces driving competition in the insurance market in Russia, 2009 13
Figure 5: Drivers of buyer power in the insurance market in Russia, 2009 14
Figure 6: Drivers of supplier power in the insurance market in Russia, 2009 15
Figure 7: Factors influencing the likelihood of new entrants in the insurance market in Russia, 2009 16
Figure 8: Factors influencing the threat of substitutes in the insurance market in Russia, 2009 18
Figure 9: Drivers of degree of rivalry in the insurance market in Russia, 2009 19
Figure 10: Allianz AG: revenues & profitability 24
Figure 11: Allianz AG: assets & liabilities 25
Figure 12: AXA: revenues & profitability 29
Figure 13: AXA: assets & liabilities 30
Figure 14: Russia insurance market value forecast: $ million, 2009–14 32