The insurance

On January 1, 1997 the insurance organizations of republic had available insurance reserves for the sum total 510 billion rubles, into of 39 billion rubles on the storage and in 471 billion rubles on the risky contributions of insurance. The portion Of in the sum total of insurance payments composed 20,6% (1995[g]. - 24,7%). To the portion of four insurers - and [Task] - is 51,5% of insurance reserves.

The analysis of the financial-economic activity of Belorussian insurance organizations in 1998 attests to the fact that the insurance business in the republic continues to be developed. More than the year of 56 companies were achieved their services and only in four of them all licenses were annulled. Insurers in 1998 gathered payments more than to 45% on the comparison since 1997. The structure of insurance payments is the following: life insurance, pensions, medical insurance and insurance against the accidents - 9% of the entire sum of the entered payments; the insurance of the property - 68,5%; the insurance of credits, owner's transactions, contributions and deposits - 18%; ” the required insurance - 4,5%. The value of the active memberships of company testifies about its financial stability, and the sum of the reward - on the degree of activity on the market. However, in the active memberships of insurers is not reflected their own capital, which is today calculated by hundreds of thousand dollars (this the cost of buildings, construction and the like), which is not entirely correct. But if we to the joint reward of insurers their own capital, and to them - and all active memberships, and even then hardly will be collected the sum, which comprises more than hundred million dollars. This it is very small for coating of the risks, connected with the modernization of