Belarus

Bancassurance in CEE: opportunities for growth

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.

AM Best withdraws ratings of B&B Insurance

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 downgrades two Belarusian insurers

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 upgrades two Belarusian insurers

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-'…

Belarusian B&B Insurance downgraded by AM Best

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.