In January 2026, total GWP in the Belarus's insurance sector amounted to BYN 267.75 million (~EUR 78.75 million), which represents a 6.1% increase y-o-y, according to data from the Republic's Ministry of Finance.

Voluntary insurance (including quasi-mandatory insurance) reached BYN 207.76 million in January 2026, representing an increase of BYN 7.7 million over the corresponding period in 2025.

Mandatory insurance totaled BYN 59.99 million in the reporting period — up BYN 7.6 million compared to the same period in 2025.

The share of voluntary insurance (including quasi-mandatory insurance) on the market stood at 77.6% (vs 79.2% in January 2025).

In January 2026, total paid claims in the Republic amounted to BYN 132.3 million (~EUR 38.91 million), which is BYN 11.2 million more compared to the same period in 2025. The ratio of paid claims to GWP in January 2026 was 49.4% (vs 48.0% in January 2025).

*EUR 1 = BYN 3.40 (February 1, 2026)