Tashkent, Uzbekistan, Aug. 11
By Demir Azizov- Trend:
Uzbekistan's insurance companies increased insurance premiums by 22 percent up to 270.935 billion soums in January-June 2015 compared to the same period of 2014, the finance ministry of Uzbekistan said.
The volume of collected voluntary and compulsory insurance premiums increased by 22 percent and hit 183.874 billion soums and 87.061 billion soums, the statement said.
"Uzagrosugurta" State Joint-stock Insurance Company (JSC) with 59.984 billion soums (a 32.9 percent growth), Kafolat with 27.538 billion soums (a 37.4 percent growth), "Uzbekinvest" National Export - Import Insurance Company with 26.058 billion soums (a 0.8 percent growth).
The aggregate payments of insurers increased by 1.7 times - up to 56.755 billion soums in Uzbekistan in January - June. The payments on voluntary types of insurance increased by 79 percent - up to 35.998 billion soums, compulsory insurance - 55 percent up to 20.755 billion soums.
The largest volume of payments was carried out by "Uzagrosugurta" - 13.322 billion soums (a 85.2 percent growth), "Agro Invest Sugurta" JSC - 7.558 billion soums (a 2.8 times growth), "UzbekInvest hayot", specializing in life insurance - 7.096 billion soums (a 56.5 percent growth).
The insurance liabilities increased by 10 percent - up to 209.224 trillion soums in the first half of 2015. The voluntary insurance liabilities amounted to 157.345 trillion soums (increased by seven percent), while compulsory insurance - 51.879 trillion soums (increased by 21 percent).
At present, some 31 insurance companies operate in Uzbekistan, including three life insurance companies, 28 general insurance companies.
Uzbekistan's insurers increased collecting of premiums by 29 percent up to 436.1 billion soums in 2014 compared to 2013, the aggregate payments - by 8.1 percent to 72.4 billion soums.
The official exchange rate is 2585,27 soums /$1 as of August 11.
Edited by CN