From January to September of this year, total income of 18 insurance companies operating in the market more than doubled y-o-y, reaching KGS 8.3 billion (~EUR 81 million). The bulk of this amount (almost 90% of the total) came from insurance premiums, according to the National Statistical Committee of the Kyrgyz Republic.

After the first nine months, insurance companies earned KGS 1,043.5 million in net profit, which is 1.9 times more than in the same period last year.

From January to September, insurance companies concluded approximately 2,645,000 insurance contracts, 88% of which concluded with individuals. Voluntary insurance accounted for about 55% of the total number of contracts concluded.

As of October 1, 2025, total insured amount under concluded contracts reached KGS 2,327 billion, or 1.9 times more y-o-y, primarily due to an increase in voluntary property insurance of business entities.

In the reporting period, over 24,000 insurance claims were recorded, 53% of which were related to voluntary personal accident and illness insurance, and 23% were related to personal health insurance, according to the Committee's report.

* 1 EUR = 102.4700 KGS (September 30th, 2025)