Insurance Premiums in Belarus Increased by 18 Percent for Q1

Insurance premiums of Belarusian organizations under direct insurance and co-insurance for Q1 2018 amounted to BYN299.6m.  The rate of growth is 118% as compared to the same period of 2017. These data can be found at the Ministry of Finance website. For January-March, insurance premiums under voluntary types of insurance amounted to BYN193.7, which is BYN34.9m more than for the same period of 2017. For January-March, insurance premiums under compulsory types of insurance amounted to BYN105.9m, which is BYN10.8m more than in the same period of 2017. The share of voluntary types of insurance in the total amount of insurance premiums is 64.7% (for January-March 2017 – 62.5%). For January-March 2018, payments of insurance indemnity and insurance coverage in the whole country totaled BYN153.4m, which is BYN28.9m more than for similar preceding period of 2017. A proportion of insurance payments in the total amount of insurance premiums for Q1 was 51.2% (for January-March 2017 – 49%)

http://www.belta.by/

Our Partners