MOSCOW. March 1 (Interfax) - The global finance crisis has rearranged the rankings of the top 10 Russian insurance companies, Interfax-Center for Economic Analysis chief analyst Angela Dolgopolova said.

"The major insurance companies had very different experiences during the belt-tightening period. Their positions in the rankings changed accordingly," Dolgopolova said, citing data from the federal insurance supervisory, Rosstrakhnadzor.

Ingosstrakh saw premium income decline 7.8% and Uralsib collected 15.6% less premiums. As a result, Ingosstrakh surrendered second place to SOGAZ and Uralsib fell to 10th place. Mikhail Prokhorov's Soglasie, which boosted premium 75.5%, shot up to eighth place.

Premium income in the insurance sector overall (excluding mandatory medical insurance) rose 8.3% last year. Premium income was below that rate at ROSNO (3.8% growth) and Alfa Strakhovanie (6%).

Other companies in the top 10 boosted premium income by double the market average, she said.

Rosgosstrakh remained the number one company, with premium income more than double its nearest competitor.

The rankings of the top 10 insurance companies are presented in the table below ('000 rubles):

2010 ranking

Company

2010 Premiums

2010 Benefits

2010 Loss ratio, %

2009 ranking

2009 Premiums

2009 Benefits

2009 Loss ratio, %

Premiums, 2010/2009

1

Rosgosstrakh

80 847 257

42 153 776

52.1

1

67 503 808

35 195 605

52.1

19.8

2

SOGAZ

46 938 672

22 234 773

47.4

3

38 931 480

19 383 486

49.8

20.6

3

Ingosstrakh

41 166 986

28 432 752

69.1

2

44 665 329

30 758 880

68.9

-7.8

4