At the same time, expenses for the first six months decreased by 20.1%, to KGS 417.9 million (~EUR 4.88 million). During the reporting period, according to the Committee, 16 companies were active on the insurance market, of which 13 were profitable, and 2 were unprofitable. The balanced result amounted to KGS 175.5 million, which is 1.5 times higher than for the first half of 2019 year.
* for the following exchange rate:
1 EUR = 85.5177 KGS (June 30th, 2020)