On May 29, 2026, the Service for regulation and supervision of the financial market of Kyrgyzstan held a meeting with representatives of the insurance market, during which current market development issues and key challenges were discussed. Particular attention was paid to the improving of the insurance industry, including modernization of regulations governing MTPL.

Kyrgyzstan's MTPL insurers has paid out over KGS 509 million (~EUR 5.03 million) to victims in a short period of time, recording a sharp increase after the introduction of fines for absence of MTPL policy in July 2025, economist.kg reports, citing data from the Kyrgyz Association of Insurers.

Approximately 65% ​​of all cars in Kyrgyzstan are insured, while their total number is about 1.8 million units, as Deputy Chairman of the State Insurance Organization Baktygul Abdyzhaliev noted at a meeting of the Zhogorku Kenesh Committee on Finance, Budget, Entrepreneurship, and Competition Development on May 19, 2026, according to knews.kg.

On March 27, 2026, the Cabinet of Ministers of the Kyrgyz Republic adopted a resolution "On Approving requirements for insurance based on Islamic principles (takaful), imputed insurance, and annuity insurance", according to the Service for regulation and supervision of the financial market of Kyrgyzstan.

As of December 31, 2025, GWP in Kyrgyzstan totaled KGS 10,076 million (EUR 97.95 million), an increase of nearly 94% compared to 2024, according to data published by the Service for regulation and supervision of the financial market of Kyrgyzstan.

In 2026 (to date), 37 insurance claims have been registered in compulsory residential fire and natural disaster insurance, and insurance companies paid out KGS 10 million (~EUR 97 thousand), according to Baktygul Abdyzhaliev, Deputy Chairman of the State Insurance Organization, tazabek.kg reports.

In 2025, total assets of the insurance sector increased by 9.0%, from KGS 12.7 billion to KGS 13.8 billion (~EUR 0.13 billion), according to the Service for regulation and supervision of the financial market of Kyrgyzstan.

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.

The State Insurance Organization (GSO), the leader in the insurance market of Kyrgyzstan, paid out over KGS 108.8 million (~EUR 1.07 million) to citizens in the first ten months of 2025, for.kg reports.

The insurance sector as of September 30, 2025, amounted to KGS 7,465.35 million (EUR 72.85 million), which is 99.88% more y-o-y, as data published by the Service for regulation and supervision of the financial market of Kyrgyzstan show.

Eldik Bank and Kyrgyzstan insurance company, a top-five insurance market leader, signed a cooperation agreement in Islamic insurance.

According to the State Insurance Organization (GSO), from September 1, 2025, all vehicle owners are required to have a mandatory civil liability insurance policy (MTPL). Drivers face fines for not having a valid policy.

The insurance sector of Kyrgyzstan grew by 93.66% at the end of the first quarter of 2025, reaching KGS 1,558.15 million (EUR 16.73 million), according to the updated data published by the Service for regulation and supervision of the financial market of Kyrgyzstan.

The insurance sector of Kyrgyzstan recorded impressive growth of 107.66% (in KGS) in the first half of the year, reaching KGS 3,961.89 million (EUR 38.72 million), according to data published by the Service for regulation and supervision of the financial market of Kyrgyzstan.

Motor third party liability insurance (MTPL) comes into force on July 1, 2025, in accordance with the Law of the Kyrgyz Republic “On compulsory motor third party liability insurance of motor vehicle owners” dated July 24, 2015.

The State Insurance Organization reported that, as of June 1, 2025, there are 331.5 thousand compulsory insurance contracts for housing against fires and natural disasters in Kyrgyzstan, 24.kg writes with reference to GSO.

The insurance sector of Kyrgyzstan grew by 70.20% at the end of the first quarter of 2025, reaching KGS 1,369.39 million (EUR 14.70 million), according to data published by the Service for regulation and supervision of the financial market of Kyrgyzstan.

In 2024, the insurance market of the Kyrgyz Republic recorded dynamic development - the assets of insurance organizations amounted to KGS 12.7 billion (~EUR 0.14 billion), which is 85.9% more than in 2023.

In the first quarter of 2025, 17 insurance companies operated on the Kyrgyz market. Their income increased by 2.4 times y-o-y, amounting to KGS 2,097 million (~EUR 22.40 million).

On April 24, 2025, a law was signed in Kyrgyzstan that introduces mandatory insurance when registering vehicles, real estate and collateral, economist.kg writes.