Republican program of the development of the insurance business 2016-2020 was approved by the Regulation of the Council of Ministers of the Republic of Belarus dated 15th November, 2006 No. 922. Republican program determines main insurance sectoral strate

According to the Republican program, the insurance market of the Republic of Belarus should have an appropriate degree of financial capacity and competitiveness before 2020 in order to confront the challenges associated with the penetration of financial services of global players with great potential into domestic market.

Category: Market news

RUE “Belarusian National Reinsurance Organization” celebrates its Anniversary

10 years at one’s own risk. RUE “Belarusian National Reinsurance Organization” celebrates its Anniversary. The Council of Ministers of the Republic of Belarus is a founder of this company. It is the first and only state-owned enterprise of special purpose in the Republic of Belarus, which cooperates with international insurance and reinsurance companies. “Fitch Ratings” has affirmed “Belarusian National Reinsurance Organization” rating at ‘B-‘. The Outlook is Stable. The Enterprise has established contacts with more than 90 corporations from 20 countries. Representatives from Russia, Switzerland, Great Britain, Bahrain, India, Lebanon, France and Germany are among the partners of “Belarusian National Reinsurance Organization”.

Category: Market news

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