Insurance companies from Belarus registered a 44.7% increase in underwritings in the first quarter, reporting gross premiums worth RUB 887.2 billion, said, for XPRIMM News, Irina MERZLYAKOVA, President of Belarus Insurers Association, during the International Financial Forum in Yalta. Of these, voluntary insurance owns a share of 49.9% or RUB 443.1 billion.

Regarding claims, the companies have paid claims totaling RUB 532.2 billion in 1H/2011, of which a share of 58.5% corresponds to mandatory insurance classes, the claims ratio in the total market rising to 60%.

In the reference period, the reserves established by insurers have reached the value of RUB 1,252.3, and the share capital - RUR 1,749.7 billion. The number of profile companies employees reached in the first half 16,437 people, who work in 24 profile companies.

At its 11th edition, the International Insurance and Reinsurance Forum in Yalta is an event dedicated to profile markets in Central and Eastern Europe, Russia and CIS. The Forum is organized by the League of Insurance Organizations of Ukraine (LIOU) and is supported by the most important profile companies in the region. Traditionally, PRIMM Insurance & Pensions Magazine is represented at the event, as Media Partner.