The Central Bank of Russia published updated insurance market indicators showing that electronic compulsory motor third-party liability insurance (CMTPLI) certificates became the dominant format in 2025, alongside a further decline in average CMTPLI prices and slightly lower CMTPLI premium volumes. Insurers issued nearly 40 million electronic CMTPLI certificates in 2025, including around 9.4 million with an insurance period from one day to three months, compared with 14.5 million paper certificates, almost all of which were long-term. The average CMTPLI policy price declined again amid competition among insurers, with total CMTPLI premiums edging down to about RUB 330 billion. Across the wider market, premiums rose 6.9% to RUB 4 trillion, largely driven by life insurance, while insurance payments increased 18.6% to RUB 2.5 trillion. Further details are provided in the Review of Key Indicators of Insurers.
Central Bank of Russia 2026-03-11
Central Bank of Russia reports electronic CMTPLI policies overtaking paper certificates and 6.9% growth in the insurance market in 2025
The Central Bank of Russia reported that electronic compulsory motor third-party liability insurance (CMTPLI) certificates became dominant in 2025, with nearly 40 million issued. The average CMTPLI policy price declined due to competition, and total premiums decreased to approximately RUB 330 billion. Overall, insurance market premiums rose 6.9% to RUB 4 trillion, driven by life insurance, while payments increased 18.6% to RUB 2.5 trillion.