A major overhaul of the Belarus insurance industry is being planned in an effort to close the gap between Belarus and its European neighbours, according to online news agency Xprimm.
Some view Central and Eastern Europe as behind Western Europe, but bancassurance could help to change this. Thomas Schöllkopf takes a look at the motives and opportunities for growth offered by this alternative sales channel.
Ratings agency AM Best Europe has downgraded the financial strength rating of B&B Insurance Co (Belarus) to C- (Weak) from C (Weak) and issuer credit rating (ICR) to “cc” from “ccc+”.
Fitch Ratings has downgraded Belarusian Republican Unitary Insurance Company - Belgosstrakh and export-import insurance company of the Republic of Belarus's Eximgarant insurer financial strength ratings to 'B-' from 'B'. The outlooks are negative.
Fitch Ratings has revised the outlook on two Belarusian state-owned insurers - Belarusian Republican Unitary Insurance Company (Belgosstrakh) and Export-Import Insurance Company of Belarus (Eximgarant) - 'B' Insurer Financial Strength (IFS) ratings to…
Axa Central & Eastern Europe announced today the acquisition of 80% of the second largest insurer in Belarus, B&B Insurance.
Fitch Ratings has upgraded the insurer financial strength ratings of two Belarusian state-owned insurers - Belarusian republican unitary insurance company - Belgosstrakh - and export-import insurance company of Belarus - Eximgarant - to 'B' from 'B-'…
Balarus-based B&B Insurance Co, OJSI has had its financial strength rating downgraded to C (weak) from C++ (marginal) and the insurer credit rating reduced to ‘ccc+’ from ‘b+’, by ratings agency AM Best.