Insurance premiums increased in Belarus by 7.1% in the first half of the year

Premium of the insurance organizations of Belarus for direct insurance and co-insurance in January-June amounted to Br524.9 million and increased compared to January-June 2016 by 7.1%. The Ministry of Finance informed BelTA. As for the voluntary insurance, premium for the six months amounted to Br308 million, which is Br38.5 million more than in the same period last year. Insurance premiums for compulsory types of insurance amounted to Br216.9 million, which is Br3.7 million less. The share of voluntary types of insurance in the total amount of insurance contributions is 58.7% (for January-June 2016 – 55%). Payments of the insurance indemnity and insurance coverage in the whole country totaled Br263.7 million (Br11.4 million more) in January-June. The level of insurance payments in the total amount of insurance premiums was 50.2% (for January-June 2010-51.5%)


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