Belarus to amend law on tourism

Amendments to the law on tourism will be included into the plan for drafting bills for 2019. The Ministry of Sport and Tourism and the Belarusian Tourism Union initiated the amendments to the law “On tourism”. In particular, the Union proposed to implement mandatory liability insurance of tour operators, create a state-run insurance fund and […]

Category: Market news

Belarus Re and Swiss Re signed a contract of obligatory retrocession of export contracts

Belarus Re signed a contract with Swiss Reinsurance Company Ltd. on obligatory retrocession of export contracts in respect of voluntary insurance of short-, mid- and long-term export contracts against political and (or) commercial risks. The contract came into effect on July 1, 2018. According to it, 50% of liability accepted to reinsurance under the above-mentioned […]

Category: Company news

Belarus Re provided Millennium Group (DIAMOND CITY) with property reinsurance cover approximately amounting to BYN30m.

Belarus Re provided Millennium Group (DIAMOND CITY) with property reinsurance cover approximately amounting to BYN30m.

Category: Company news

Belarus Re provided Frandesa Ltd. with property reinsurance cover approximately amounting to $13m.

Belarus Re provided Frandesa Ltd. with property reinsurance cover approximately amounting to $13m.

Category: Company news

Belarus Re provided State Aviation Emergency Rescue and Emergency Enterprise “AVIATION” of the Ministry of Emergency Situations of the Republic of Belarus with aircraft insurance and civil liability insurance of aircraft owners

Belarus Re provided State Aviation Emergency Rescue and Emergency Enterprise “AVIATION” of the Ministry of Emergency Situations of the Republic of Belarus with aircraft insurance and civil liability insurance of aircraft owners in the amount of more than USD 100 m. Currently the helicopter of MES Mi-2 takes part in putting out wildfires in the […]

Category: Company news

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