OBS_VALUE: In accordance with amendments that entered into force on January 1, 2017, there is a compulsory cession (10%) to the Russian National Reinsurance Company. This regulation applies to all insurance companies. As from 2021 the law indicates that this provision shall apply to the reinsurer - a foreign insurance organization under the main insurance (reinsurance) agreements concluded in the territory of the Russian Federation. As from 2022, the amount of compulsory cession has been increased to 50%. 