STATISTICS: UZBEKISTAN, 1H 2016: 43.56% of market is held by voluntary insurance

In the first half of 2016 the Uzbek insurance market reached a total GWP volume of UZS 347,700 million, up by 36.94% in local currency and by 18.02% in European currency. Total claims paid were amounted to UZS 68,700 million, 21.16% more than in January-June 2015.

By types of insurances, the share of voluntary policies increased by 43.56%, while the mandatory classes accounted 24.11%.

The Top 5 Uzbek insurers (in terms of GWP) generate about 57.97% of the total market as follows: UZAGROSUGURTA, KAFOLAT, UZBEKINVEST, ALFA Invest and ALSKOM.

Access www.xprimm.com and download the 1H2016 Uzbek insurance market statistics.

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

Share |

Related articles

UZBEKISTAN: Premium of GROSS INSURANCE went up by 144.3% y-o-y

Premiums of GROSS INSURANCE for the first half of 2018 exceeded UZS 78.5 billion*, which is 144.3% more than a year ago. Among 27 local insurers, GROSS INSURANCE ranks 3rd in terms of generated premiums, as data of the Ministry of Finance of Uzbekistan show.

2018-09-05

ON THE MOVE

IGI appoints its first Chief Technology Officer

International General Insurance Holdings Limited (IGI), the international specialist commercial insurer and reinsurer, has announced the appointment of Nasser ZAGHA to the newly-created role of Chief Technology Officer.

15.11.2018

TOP EVENT

Reducing the risks in agriculture by using insurance means, discussed in Skopje

On November 1st, an Agricultural insurance conference took place in Skopje, Macedonia, organized by the Insurance Supervision Agency in cooperation with the Ministry of Agriculture, Forestry and Water Economy. Drawing attention to the necessity of reducing the risks in agriculture by using insurance was the event's main purpose.

06.11.2018

IIF 2018 - Insurance in a DIGITAL WORLD

Emmanuel DJENGUE, Innovation Director, Europe - RGAX, Spain is the Keynote Speaker at IIF 2018 - Insurance in a DIGITAL WORLD Conference in Bucharest, on November 27.

05.11.2018

See all