STATISTICS: Kyrgyzstan insurance market reported EUR 13 million in FY2017 GWP
At the end of 2017, the Kyrgyz Republic insurance market totalled about KGS 1.06 billion (about EUR 13 million), according to the end-year market figures published on the market authority website.
The value of paid claims by local insurers was KGS 141.15 million (EUR 1.7 million) , of which 62% accounted by property insurance class.
In terms of premiums, health insurance policies generated about 12% of total market, liability insurance - about 13%, property classes - about 62%, the remaining rest being accounted by compulsory subclasses.
The largest insurers in the country were KYRGYZINSTRAKH (39% market share) followed by DJUBILI Kyrgyzstan Insurance Company (8.6%) and KYRGYZSTAN Insurance (8.4%).