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Dynamics of Gross Premium Income (2000-2003)

In 2003 Gross Premium Income increased by 1.4 times in comparison with 2002 and currently amounts to 557.3 m RUB. Gross Premium Income decrease (Moscow Re doubles its business annually starting from 2000) is due to normative maximum of Premium Income which was reached in 2003. Necessary Capital Increase for further Company's development took place in June 2004.