Belarus
STATISTICS: BELARUS, 3Q2025: Double-digit growth of paid claims, outpacing premiums
At the end of 3Q2025, the Belarusian insurance market totaled BYN 2,100.47 million (EUR 592.63 million), which in local currency is 8.86% more y-o-y, according to data published by the Ministry of Finance of the Republic of Belarus.
25 November 2025BELARUS: Voluntary and compulsory insurance increased in January-July
From January to July 2025, GWP in the Belarusian insurance sector amounted to BYN 1,665.9 million (~EUR 445.42 million), which represents an 11.7% increase compared to the same period in 2024, according to the Ministry of Finance of the Republic of Belarus.
2 October 2025STATISTICS: BELARUS, 1H2025: About 67% of all payments are for voluntary insurance
In the first half of 2025, the insurance market of Belarus amounted to BYN 1,414.81 million (EUR 407.30 million), which is 11.59% more y-o-y in local currency, as data published by the Ministry of Finance of the Republic of Belarus show.
8 September 2025BELARUS: the market grew by 12% in January-May
In January-May 2025, the insurance market in Belarus amounted to BYN 1,188.72 million (~EUR 351.44 million), which is 12.1% more y-o-y, as reported by the Ministry of Finance of the Republic of Belarus.
17 July 2025STATISTICS: BELARUS, 1Q2025: 66% of all claims paid in voluntary insurance
In 1Q2025, the insurance market in Belarus amounted to BYN 710.46 million (EUR 211.50 million), which in local currency is 12.13% more y-o-y, according to data published by the Ministry of Finance of the Republic of Belarus.
11 June 2025BELARUS: The past year turned out to be the most "fruitful" in the history of Belarusian insurance
“The past year turned out to be the most "fruitful" in the history of Belarusian insurance, GWP exceeded USD 800 million for the first time”, said Irina Merzlyakova, General Director of the Belarusian Association of Insurers to XPRIMM.
29 May 2025BELARUS: Reinsurance market dynamics indicate portfolio growth from both Belarusian insurers and foreign partners
The dynamics of the last two years shows a significant increase in the indicators of the Belarusian
21 May 2025BELARUS: Motor Hull generated 19% of total GWP in 2024
Voluntary insurance of land vehicles (Motor Hull) generates 19% of insurance premiums in Belarus, said the executive director of the Belarusian Association of Insurers Evgeniya Shanina. According to her, this is one of the most popular and in-demand types of voluntary insurance, BELTA writes.
13 May 2025BELARUS: The limit of payments to insurance agents and brokers adjusted
The limit of payments to insurance agents and insurance brokers has been adjusted in Belarus. The corresponding resolution of the Ministry of Finance dated April 21, 2025, was published on the National Legal Internet Portal, BELTA reports.
5 May 2025BELARUS: Unified motor insurance policies to go on sale on April 23, 2025
Sales of unified motor insurance policies in Belarus and Russia will begin on April 23, 2025, according to the Ministry of Finance of Belarus, BELTA reports.
1 April 2025STATISTICS: BELARUS, FY2024: GWP and paid claims recorded double-digit growth
At the end of 2024, the insurance sector of Belarus amounted to BYN 2,616.99 million (EUR 722.01 million), which is 18.10% more y-o-y, according to data published by the Ministry of Finance of the Republic of Belarus.
1 April 2025BELARUS: in January-October, the share of voluntary insurance on the market increased to 67%
In January-October 2024, total GWP of insurance organizations of the republic amounted to BYN 2,166.1 million (~EUR 0.61 billion), which is 18.9% more y-o-y, according to the Ministry of Finance of the Republic of Belarus.
9 December 2024BELARUS: Unified motor insurance system to start operating on January 1, 2025
A unified motor insurance system will start operating in the Union State on January 1, 2025, according to the amendments to the federal law "On compulsory motor third party liability insurance of vehicle owners", which were adopted on November 27 by the Federation Council of the Federal Assembly of Russia, BELTA reports.
3 December 2024STATISTICS: BELARUS, 3Q2024: voluntary insurance generates over 67% of premiums and paid claims
At the end of 3Q2024, the insurance sector of Belarus amounted to BYN 1,929.51 million (EUR 538.31 million), which is 17.46% more y-o-y in local currency, according to data published by the Ministry of Finance of the Republic of Belarus.
26 November 2024BELARUS: Declaration of intent to develop Belarusian-Chinese relations in the insurance sector was signed during a business visit
Belarusian insurers are entering the Chinese market - the first practical step on this path was a business visit of the BAS (Belarusian Association of Insurers) delegation to China, Dalian, on October 14-19, 2024.
25 November 2024BELARUS: in January-August, voluntary insurance in total premiums amounted to about 67%
In the first 8 months of this year, the market in Belarus amounted to BYN 1,691.9 million (~EUR 0.48 billion), which is 15.4% more y-o-y in national currency, as reported by the Ministry of Finance of the Republic of Belarus.
9 October 2024BELARUS: from January to July, paid claims in the total GWP amounted to 55.8%
For the period from January to July 2024, the insurance market in Belarus amounted to BYN 1,491.5 million (~EUR 0.42 billion), as reported by the Ministry of Finance of the Republic of Belarus. It is noted that the market grew by 16.4% y-o-y.
18 September 2024STATISTICS: BELARUS, 1H2024: premiums grew almost twice as fast as paid claims
At the end of the first half of 2024, the insurance sector of Belarus amounted to BYN 1,267.85 million (EUR 374.87 million), which is 15.50% more y-o-y in local currency, as the data published by the Ministry of Finance of the Republic of Belarus show.
4 September 2024BELARUS: insurance organizations have been determined to pay for Belarus' share in the Eurasian Reinsurance Company
The Resolution of the Council of Ministers d/d August 20 determined in 2024 the organizations authorized to pay for Belarus' share in the charter capital of the Eurasian Reinsurance Company, BELTA reports with reference to the National Legal Internet Portal.
29 August 2024BELARUS: From October 1, 2024, the Russian MTPL policy to be valid in Belarus
From October 1, 2024, the Russian MTPL policy will be valid in Belarus, as announced by Russian Prime Minister Mikhail Mishustin, BELTA reports.
21 August 2024
