During last five years the market of building risks insurance develops dynamically. In 2005 almost 80 % of building operations were insured, thus the cumulative insurance premium on construction risks insurance has made 5,3 billion rubles. For comparison, in 2000 the share of insured risks made only 30 %. In 2006 the market has grown almost on 40 % and has got 9,0 billion rubles of the insurance premium. And though adjusted totals for 2007 are not brought yet, according to the forecasts, existing dynamics of growth of building risks insurance market is kept. We expect, that the cumulative insurance premium on insurance of construction risks for a year will make nearby 12 billion rubles.
There are some reasons of growth. First one is that the general rise of the building market, as a whole, and also increases of interest to insurance of building risks affects investors and customers. Development of the market occurs basically due to activization of operations on insurance of social and construction works. Secondly, new kinds of insurance – such, as insurance of after-building guarantee shows that, insurance of the responsibility under state contracts have started to develop actively.
The more we build, the more we insure