Premiums up nearly 7% in Belarus

Data from the Belarusian Ministry of Finance showed that local insurers’ aggregate gross written premium increased by 6.6% year-on-year to 1.84 billion Belarusian ruble ($727.7 million) in 2022, Xprimm reported. Local insurers paid claims worth BYN1.23 billion in 2022, reflecting a year-on-year growth of 16%.