New reinsurer to provide additional insurance capacity of $2 billion

Svetlana Bartosh, a member of the standing committee on budget and financial of Belarus’ House of Representatives, said that the creation of the Eurasian Reinsurance Company by the Eurasian Economic Union will provide additional insurance capacity of about $2 billion, Xprimm reported. The creation of the company, which will reinsure export credits, was approved by all of the union members: Belarus, Armenia, Kazakhstan, Kyrgyzstan and Russia.