Fitch assigns negative outlook to two Belarusian state-owned insurers
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 negative from stable.
Fitch has also affirmed Belgosstrakh's and Eximgarant's IFSs at 'B'.
The negative outlooks reflect Fitch's opinion that the Belarusian sovereign's financial position weakened significantly, and could
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