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XPRIMM News NEWS ALERT, November 8th, 2011
November 8th, 2011

CZECH Rep.: Motor insurance prices hinder market dynamic
Total underwritings of the Czech insurance market amounted, according the Czech Insurance Association, about EUR 4.34 billion, meaning an 1.33% y-o-y growth rate (in European currency). Both life and non-life statistics for 3Q2011 show a lower market dynamic, as compared to the previous quarters of 2011 or with the 2010 results. According to CAP, the main reason of the decreasing figures on non-life insurance is the persistent decline in motor insurance prices.

Access and download the 3Q2011 Czech Republic insurance market statistics.


BELARUS: The profile market has tripled in the first nine months of 2011
During January - September of 2011, the insurance companies in Belarus underwrote premiums worth BYR 1,527.25 (EUR 200 million), about 58% higher than the similar time of 2010. Altogether, the insurance companies paid claims of BYR 879.45 billion (EUR 115 million), 53% higher than in the similar period of 2010, according to the data published by the The Belarusian Association of Insurers.

Access and download the 3Q2011 Belarusian insurance market statistics.

KYRGYZSTAN: More than 40% increase in 3Q 2011
According to Financial Supervisory Commission, on the 30th September, insurance premium revenues were about KGS 632 million (EUR 10.4 million), or 44% (in European currency) more than the same period in 2010.

Access and download the 3Q 2011 Kyrgyz insurance market statistics.


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