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Capital Life Capital Life Life Insurance

Company

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earlier Rosgosstrakh-Life (RGS-Life)

Content

Capital Life is an agent company in the Russian life insurance market. More than 10 thousand employees of the company work throughout the country. Capital Life ensures the well-being of more than 5 million Russians. Employees of more than 6 thousand companies are under insurance protection.

2021: The court upheld the claim for the payment of a fine of 12.3 billion rubles by Rosgosstrakh in favor of the company

The state insurance company Rosgosstrakh will have to pay 12.3 billion rubles. in favor of Capital Life Life Insurance.

On December 7, 2021, Rosgosstrakh lost the case in court at the suit of its former subsidiary Capital LLC life life insurance "associated with an agency contract. The contract provided for a large volume of sales of Capital Life Life Insurance insurance products. After Otkritie FC Bank became the new owner of Rosgosstrakh, and Capital Life Life Insurance was transferred by Danil Khachaturov to Evgeny Giner in 2018, Rosgosstrakh decided to stop selling Capital Life Life Insurance life insurance policies.

The contract concluded by the two companies provided for significant penalties for its early unilateral termination. On December 7, 2021, the Court of Appeal ruled that Rosgosstrakh must pay a penalty in accordance with the terms of the contract.

2019

  • Capital LIFE has the largest authorized capital in the life insurance market - 4.1 billion rubles.
  • In February 2019, CAPITAL LIFE signed a Strategic Cooperation Agreement with Rostec State Corporation.

2018

  • Until September 3, 2018, the company operated under the RGS Life brand. Since September 3, 2018, the company has been operating under the Capital Life brand.
  • In 2018, ACRA assigned CAPITAL LIFE a credit rating of BBB (RU), the forecast is stable.

2015

In 2015, the company was included by the Central Bank of the Russian Federation in the list of systemically important insurance organizations in the country.