As of the end of 2017 Tajik insurance market was represented by 22 various insurance organizations. For the moment about 20 insurance entities are active on the local market, 2 of them - state insurers (TAJIKSUGURTA and TAJIKSARMOYAGUZOR). Among insurance classes the prevailing are: property, personal, life and liability insurance, wrote Tajik news agency Sputnik.
However, in February this year one new insurer entered the local market. The National Bank approved a license for the private insurance company SUGURTAI asri 21 as well as prolonged licenses of two other insurers, working on the market, - state TAJIKSUGURTA and private ASKHATA-Sugurta.
According to the specialists of the news agency the Tajik insurance market is facing a range of problems, affecting its stability and development. The main problem is that economical bodies and market participants do not consider the Tajik insurance industry as a strategic factor for the country's development.