The Law of the Republic of Belarus "On Insurance Activities" entered into force on January 1, 2025, according to a review of key market events in 2025 in the "Insurance in Belarus" magazine of the Belarusian Association of Insurers.
In February 2025, the Ministry of Finance published its Resolution No. 9, which provides unprecedented restrictions on remuneration of insurance intermediaries for certain types of insurance.
In March 2025, insurers received for review a draft Action Plan for achieving 300,000 electric vehicles by 2030. Discussion began on measures to improve electric vehicle insurance programs. The Decree of the President of the Republic of Belarus "On Insurance" was also published. In addition to the procedure and conditions for compulsory insurance, the document contains provisions affecting voluntary insurance and insurance intermediaries.
Since April 23, 2025, it has become possible to conclude Union State MTPL contracts covering both the Republic of Belarus and the Russian Federation.
In May 2025, Belneftestrakh was named the winner of the "People's Choice" award in the "Insurance Company" category. Also, a new insurance company, A-Insurance, founded by Alfa-Bank, entered the Belarusian insurance market.
In August 2025, a Memorandum of Cooperation was signed between the Belarusian Association of Insurers and the UN Global Compact Network in Belarus.
By Resolution of the Council of Ministers of the Republic of Belarus dated October 13, 2025, Igor Klepcha, previously First Deputy Minister of Taxes and Duties of the Republic of Belarus, was appointed General Director of the Belarusian Bureau of Transport Insurance.