For January-November 2025, the insurance sector of Belarus amounted to BYN 2,585.0 million (~EUR 0.76 billion), which is 9.3% more y-o-y, according to the Ministry of Finance of the Republic of Belarus.

Voluntary insurance (including imputed insurance) in January-November 2025 reached BYN 1,718.9 million, which is BYN 132.9 million more than a year ago.

Compulsory insurance for January-November 2025 amounted to BYN 866.1 million, which is BYN 88.1 million more y-o-y.

It is noted that the share of voluntary insurance (including imputed insurance) in total GWP was 66.5% (for January-November 2024 - 67.1%).

In January-November 2025, total paid claims in Belarus amounted to BYN 1,481.9 million (~EUR 0.44 billion), which is BYN 158.6 million more than in the same period of 2024. The share of paid claims in total GWP for January-November 2025 rose a little and amounted to 57.3% (for January-November 2024 - 56.0%), the Ministry added.

*EUR 1 = BYN 3.3750 (as of November 30, 2025)