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Belarus Re's premiums triple

January 16, 2014 - 6:00am

Belarusian National Reinsurance Organization (Belarus Re) concluded 8,618 reinsurance contracts during 2013.

The amount of reinsurance premiums on assumed reinsurance grew 199% year on year to 462.7 billion Belarusian rubles ($48.4 million) during the period, Xprimm reported. Commercial property accounted for 20% of reinsurance premiums. Combined ratio stood at 29%.

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