Life insurance grew three times faster than non-life insurance. However, non-life insurance continues to dominate the market portfolio with almost 87%. The share of voluntary types of insurance in the total GWP is 65.8% (vs 67% a year earlier). In the structure of voluntary premiums, personal insurance accounts for 47.2%, property insurance - 43.8%, liability insurance - 5.4%.
Mandatory types of insurance for the first half of 2022 amounted to BYN 312.1 million, of which personal insurance accounts for 40.8%, property insurance - 9.2%, and liability insurance - 50%. The share of mandatory insurance in the total market portfolio increased slightly, to 34.2% (vs 33% in 1H 2021).
In the first half of 2022, paid claims in Belarus amounted to BYN 608.75 million, of which 68.7% were for voluntary insurance, and 31.3% - for mandatory insurance. The level of paid claims in the total GWP amount reached 66.6% (vs 58.5% a year earlier for the same period).
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