From January to October 2025, GWP on the Belarusian insurance market amounted to BYN 2,351.7 million (~EUR 680 million), which is 8.6% more y-o-y, according to the Ministry of Finance of the Republic of Belarus.

Voluntary insurance (including imputed insurance) reached BYN 1,556.7 million in January-October 2025, which represents an increase of BYN 103.1 million compared to the same period in 2024. Mandatory insurance for the period under review amounted to BYN 795.0 million, which is BYN 82.5 million more y-o-y.

The share of voluntary insurance (including imputed insurance) in total GWP decreased slightly to 66.2% (vs 67.1% for January-October 2024).

In January-October 2025, insurers paid out BYN 1,350.8 million (~EUR 390.58 million), which is BYN 148.0 million more than for the same period in 2024. The share of paid claims in total premiums in the reporting period was 57.4% (vs 55.5% for January-October 2024).

*EUR 1 = BYN 3.4584 (as of October 31, 2025)