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Beleximgarant

From Wikipedia, the free encyclopedia
Beleximgarant
TypeGovernment-owned corporation
IndustryInsurance
FoundedAugust 7, 1997; 28 years ago (1997-08-07)
FounderGovernment of Belarus
Headquarters,
Area served
Belarus
Key people
Valery Yermoshka [be]
ProductsExport insurance
OwnerBelarusian Ministry of Finance
Websitebeg.by

Beleximgarant (Belarusian: Белэксімгарант; Russian: Белэксимгарант) is a Belarusian insurance company founded in 1997 under the name Belgorodzneshstrakh (Belarusian: Белдзяржзнешстрах) dealing with export insurance. It is fully owned by the Belarusian government.

Together with Belgosstrakh, it is one of the leading insurance companies in Belarus.[1][2][3] and a legal monopoly in the field of insurance of exports with state support.[4] According to the Belarusian legislation, tourists entering Belarus need to hold a valid insurance policy issued either by Beleximgarant or Belgossrakh.[5] Since January 2024 Valery Yermoshka [be] serves as the company's general director.[6]

History

[edit]

On August 7, 1997, resolution No. 1036 issued by the Government of Belarus approved the creation of the enterprise "Belgorodzneshstrakh" as a subsidiary of the state company "Belgorodzneshstrakh".[7] On May 23, 2001, the Council of Ministers of Belarus, by Resolution No. 752, subordinated the company to itself and renamed it "Beleximgarant".[8]

On August 25, 2006, president of Belarus Alexander Lukashenko issued a decree No. 534, granted the enterprise the exclusive right to insure exports with state support.[4] In 2010, "Beleximgarant" provided insurance coverage for 57% of export loans. It ranked 6th in Belarus in terms of insurance premiums (62.1 billion rubles; $20.7 million).[9] The share of state-owned enterprises in the total insurance coverage was 86.4%. At the beginning of 2011, it became the 2nd largest insurer in the country in terms of equity (463 billion rubles; $154.3 million)[10] and authorized capital.[11]

By 2012, it provided services to over 8,000 enterprises in the country and was the 4th most profitable insurance company in Belarus. In 2013, payments to insured persons amounted to 13% (59.5 billion rubles) of their contributions (463.4 billion rubles). The share of contributions for export insurance amounted to 21% (99.4 billion rubles).

As of August 4, 2014, the authorized capital of the enterprise amounted to 4060 billion rubles] ($393.4 million).[12] In 2019 the company concluded export risk insurance contracts with the Development Bank of the Republic of Belarus[13] In 2020 Fitch Ratings downgraded the company's rating to negative.[14]

Since 2002, it has been a member of the Prague Club of the Berne Union.

Directors

[edit]
  • Vyacheslav Balibok (January 29, 1998 — 2009)[15]
  • Hennadz Mitskevich (December 29, 2009 - 2024)
  • Valery Yermoshka [be] (since January 5, 2024)

References

[edit]
  1. "Белэксимгарант: на страже интересов государства и человека" (in Russian). Grodno News. 2016-12-30. Retrieved 2025-09-03.
  2. "Основные показатели деятельности страховых организаций Республики Беларусь с января по март 2003 года" (in Russian). Ministry of Finance of Belarus. Retrieved 2025-09-03.
  3. "Report on the insurance market in Belarus" (PDF). Retrieved 2025-09-03.
  4. 1 2 Aleksandr Lukashenko (2014-07-29). "Указ прэзідэнта Рэспублікі Беларусь ад 25 жніўня 2006 г. № 534" (in Russian). Нацыянальны прававы інтэрнэт-партал Рэспублікі Беларусь. Archived from the original on 9 March 2017. Retrieved 28 January 2017.
  5. "Biała Podlaska – Brześć - Nieodkryty wschód" (PDF) (in Polish). Polska Turystyczna. p. 18. Archived (PDF) from the original on 2023-03-11. Retrieved 2025-09-03.
  6. "Назначен руководитель "Белэксимгарант"" (in Russian). Association of Belarusian insurance companies.
  7. Сяргей Лінг (November 2011). "Пастанова Савета міністраў Рэспублікі Беларусь ад 7 жніўня 1997 г. № 1036" (in Belarusian). Валерый Леванеўскі. Retrieved 28 January 2017.
  8. Андрэй Кабякоў (December 2013). "Пастанова Савета міністраў Рэспублікі Беларусь ад 23 мая 2001 г. № 752" (in Russian). Сайт «Заканадаўства Беларусі». Retrieved 28 January 2017.
  9. "Сярэднеўзважаны курс беларускага рубля ў адносінах да замежных валют на валютным рынку Рэспублікі Беларусь за 2010 год". Нацбанк Беларусі. 2011. Archived from the original on 12 May 2021. Retrieved 28 January 2017.
  10. "Афіцыйны курс беларускага рубля ў адносінах да замежных валют, які ўстанаўліваецца.. штодзённа, на 01.01.2011". Нацбанк Беларусі. 1 January 2014. Retrieved 28 January 2017.
  11. Уладзімір Хількевіч, Вераніка Арлоўская (27 April 2011). "Айчыннаму экспарцёру бяспечна пад абаронай «Белэксімгаранта»". Звязда.[permanent dead link]
  12. Генадзь Міцкевіч (8 August 2014). "Статут Беларускага рэспубліканскага ўнітарнага прадпрыемства экспартна-імпартнага страхавання «Белэксімгарант» (Дадатак 7)" (PDF) (in Russian). Белэксімгарант. Retrieved 28 January 2017.
  13. ""Белэксимгарант" и Банк развития заключат договоры добровольного страхования экспортных рисков" (in Russian). Belta News Agency. 2019-11-30. Archived from the original on 2022-06-17. Retrieved 2025-09-03.
  14. "Fitch изменило прогноз по РФУ Белэксимгаранта на Негативный после суверенного рейтингового действия" (in Russian). 2020-11-20. Retrieved 2025-09-03.
  15. Сяргей Лінг (12 October 2006). "Пастанова Савета міністраў Рэспублікі Беларусь ад 29 студзеня 1998 г. № 127" (in Russian). Беларускі прававы партал. Retrieved 28 January 2017.