Renaissance Insurance Reports 1.4B RUB Loss in H1 2026
Casco premiums for individuals reached 9.3 billion rubles (+21.9%), for cargo — 3.2 billion rubles (+26.8%), and for DMS — 5.9 billion rubles (+7.9%).
Consensus
- Renaissance Insurance reported a net loss of 1.4 billion rubles for the first half of 2026 according to IFRS financial statements.
- The company had a net profit of 5.9 billion rubles in the first half of 2025.
- Total premiums for the first half of 2026 reached 100 billion rubles.
- The investment portfolio grew by 7.4% to 308 billion rubles by June 30, 2026.
- The loss was attributed to negative revaluation of part of the investment portfolio due to high volatility on the Russian stock market in the second quarter.
- The company stated the loss was of a calculated nature and not related to cash outflows.
Points of divergence
- The company fully covered the first-half loss in July and began generating profit. — kommersant
- Premiums for compulsory motor insurance (KASKO) for individuals increased by 21.9% to 9.3 billion rubles. — kommersant
- Premiums for cargo insurance increased by 26.8% to 3.2 billion rubles. — kommersant
- Premiums for medical insurance (DMS) increased by 7.9% to 5.9 billion rubles. — kommersant
- Premiums for property insurance for legal entities increased by 19.6% to 0.9 billion rubles. — kommersant
- Premiums for property insurance for legal and physical persons increased by 18.8% to 1.6 billion rubles. — kommersant
- Premiums for life insurance increased by 15.4% to 60.8 billion rubles. — kommersant
- The company's net profit in the first half of 2024 was 4.6 billion rubles, not 5.9 billion as stated in Komersant. — vedomosti
- This was the first loss since 2022, when the company reported a loss of 2.13 billion rubles. — vedomosti
- Shareholders decided not to pay dividends in 2022. — vedomosti
- The company's RoATE (return on average total equity) for the last year reached 12.6%. — vedomosti
Coverage (2 sources)
- «Renessans Insurance» received 1.4 billion rubles of net loss in the first half of the year — Коммерсантъ
- «Renessans Insurance» received a loss of 1.4 billion rubles in the first half of the year — Ведомости