Fitch Changes Outlook to Positive for Three Belarusian Insurers

These are insurance companies such as the Belarusian Republican Unitary Insurance Company “Belgosstrakh”, the Republican Unitary Enterprise “Belarusian National Reinsurance Organization” and the Belarusian Republican Unitary Enterprise of Export-Import Insurance “Eximgarant of Belarus”. The revision of the financial strength rating outlook to “positive” follows a similar rating action on the sovereign long-term issuer rating of Belarus in national currency, which was affirmed

Category: Market news

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.

Category: Market news

Our Partners