BELARUS: insurance market's growth during 4 months this year totaled 18.9%
Voluntary classes are ahead of the compulsory ones. During the period under review GWP in voluntary insurance amounted to BYN 248.3 million (BYN 45.8 million more than a year before). In compulsory insurance local companies in four months produced BYN 153.9 million (BYN 18 million more than in Jan-April last year). The share of the voluntary insurance in total GWP amounted to 61.7% (vs 59.9% a year ago).
Paid claims during the first 4 months on the local market reached BYN 198.2 million (BYN 32.4 million more than a year ago). Claims' weight in total GWP remained almost the same and amounted to 49.3% (vs 49%).
*EUR 1 = BYN 2.4258 (30.04.2018)