Russia
GENERALI RUSSIA & CIS

Huge potential
in a market of 146 mil. people

38.5%
shareholding Generali Group in Ingosstrakh insurance

Insurance penetration
1.4% in 2019
which is one of the lowest in the region
Generali Russia & CIS is an affiliate of Generali CEE Holding, registered in February 2018 to represent Generali in the area. This vehicle is also set to carry the participation of 38,46% in Ingosstrakh, the fourth largest insurer in the Russian market. In October 2018, Representative Office in Moscow was opened by Generali.