In 2013 Belarusian insurers received insurance premiums for direct insurance and coinsurance in the amount of EUR 494.56 million, 29.30% more compared with January-December 2012 (EUR 382.50 million). Calculating in the local currency the insurance market has accounted for BYR 6,468,870 million, up 49.14% y-o-y.
Meanwhile, the total value of claims paid by the insurance companies during January- December 2013 period reached BYR 2,755,267 million or EUR 210.65 million.
In 2013, premiums from life insurance reached BYR 373,264 million (EUR 28.54 million). The share of life insurance in the total amount of insurance premiums was 5.77 % (in 2012 - 4.87%).
In the reporting period non-life insurance premiums accounted for 94.23% of the total insurance premiums (BYR 6,095,605 million).
In 2013, the market leader was BELGOSSTRAKH (market share - 47.09%), which was followed by TASK and EXIMGARANT OF BELARUS with shares of 7.94% and 7.12%, respectively.
Access www.xprimm.com and download the FY2013 Belarusian insurance market statistics.
Market portfolio (in EUR and BYR):
- Gross written premiums
- Paid claims
- Growth rates
- All insurance market
- Life insurance
- Non-life
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