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1 EUR - 7.4623 HRK
1 EUR - 26.793 CZK
1 EUR - 311.47 HUF
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1 EUR - 4.5285 RON
1 EUR - 60.6905 RUB

Uzbekistan

Location:
Central Asia, north of Afghanistan

Climate:
mostly midlatitude desert, long, hot summers, mild winters; semiarid grassland in east

Natural hazards:
na



Currency: Som (UZS)

1 EUR = 2,987.74 Som - UZS (December 31st, 2014)
1 EUR = 3,031.90 Som - UZS (December 31st, 2013)
1 EUR = 2,620.31 Som - UZS (December 31st, 2012)
1 EUR = 2,341.97 Som - UZS (December 31st, 2011)
1 EUR = 2,165.13 Som - UZS (December 31st, 2010)

Sources:
The Central Bank of the Repoublic of Uzbekistan
Information-Rating Agency SAIPRO
Ministry of Finance of the Republic of Uzbekistan

Insurance statistics

3Q2016Market portfolioxlsx
3Q2016Insurance Companies Rankingsxlsx
1H2016Market portfolioxlsx
1H2016Insurance Companies Rankingsxlsx
FY2015Market portfolioxlsx
FY2015Insurance Companies Rankingsxlsx
3Q2015Market portfolioxlsx
3Q2015Insurance Companies Rankingsxlsx
1H2015Market portfolioxlsx
1H2015Insurance Companies Rankingsxlsx
1Q2015Market portfolioxlsx
1Q2015Insurance Companies Rankingsxlsx
FY2014Market portfolioxlsx
FY2014Insurance Companies Rankingsxlsx
3Q2014Market portfolioxlsx
1H2014Insurance market overview pdf
1H2014Market Portfolioxlsx
1H2014Insurance Companies Rankingsxlsx
1Q2014Market portfolioxlsx
1Q2014Insurance Companies Rankingsxlsx
FY2013Insurance market overview pdf
FY2013Market portfolioxlsx
FY2013Insurance Companies Rankingsxlsx
1H2013Insurance market overview pdf
1H2013Market Portfolioxlsx
1H2013Insurance Companies Rankingsxlsx
FY2012Market indicatorsxlsx
FY2012Insurance market overview pdf
1H2012Insurance market overview pdf
FY2011Insurance market overview pdf
FY2011Market Portfolioxlsx
FY2011Insurance Companies Rankingsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010Insurance market overviewpdf
2010Market portfolio and rankingsxls
2009Insurance market overviewpdf
2009Market portfolio and rankingsxlsx
1H2010Uzbek insurance market overviewpdf
1H2010Market portfolioxls
1H2010Insurance market rankingsxls



UZBEKISTAN: Investments by insurance companies increase

The total volume of investments of Uzbek insurers amounted to 867.547 billion soums (1 USD =3294.74 soums on Feb. 8) in 2016, that is, by 19.3 percent more compared to 2015, the country's Finance Ministry told Trend Feb. 8. More
(13.02.2017)

STATISTICS: UZBEKISTAN, 3Q2016: Voluntary policies increased by 45.27%

In 3Q2016 the GWP increased by 34.75%, up to a total of UZS 500.12 billion (EUR 148 million), while total claims paid amounted to UZS 94.4 billion (EUR 28 million), 30.55% more than in January-September 2015. More
(24.11.2016)

UZBEKISTAN: Uzbekinvest Hayot pays 15.1b soums in insurance over 9 months

Life and health, the core of Uzbekinvest Hayot's insurance activities, require an individual approach in working with clients. This is even more so when examining claims over events which might entail insurance payment. More
(02.11.2016)

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. More
(22.09.2016)

STATISTICS: Uzbekistan, FY 2015: stable double digit market growth

In 2015, the aggregate volume of GWP reported by the Uzbek insurers was of UZS 551 billion (or EUR 181 million), up by almost 25.59% y-o-y, according to the market data provided by the Ministry of Finance of the Republic of Uzbekistan. At the same time, claims paid for all types of insurance amounted to UZS 111 billion (EUR 36.6 million), up by 48.73% y-o-y. More
(17.03.2016)

UZBEKISTAN: State's participation in KAFOLAT for sale

State's participation in the second ranked insurer KAFOLAT are for sale, according to the Resolution of the Government, as of 28th April, 2015, the company being listed in the group of the state owned joint-stock companies for which the participation of a strategic foreign investors, up to a value of 15.5%, is desired. More
(18.02.2016)

UZBEK Finance Ministry issues licenses to five insurers

Ministry of Finance of Uzbekistan issued licenses for conducting insurance activity on separate classes of general insurance to five insurance companies.
More
(14.01.2016)

STATISTICS: UZBEKISTAN, 3Q2015: Claims increased by 56.19%

In the first nine months of 2015, the volume of GWP collected by the Uzbek insurance companies totaled UZS 398 billion or EUR 135 million, up by 27% in national currency compared with 3Q2014, according to market data provided by the Ministry of Finance of the Republic of Uzbekistan. More
(03.12.2015)

UZBEKISTAN to sell state shares in major insurance companies to foreign investors

The State Committee for Privatization, Demonopolization and Development of Competition of Uzbekistan has put up the packages of state-owned shares of the two largest insurance companies of the country - Uzagrosugurta JSC and Kafolat Insurance Company JSC with total starting price of USD 10.67 million for sale to foreign investors. More
(02.12.2015)

UZBEK Finance Ministry abolishes license of Silk Road Insurance

Ministry of Finance of Uzbekistan abolished a license of joint stock insurance company Silk Road Insurance. The press service of the Ministry of Finance said that the license for insurance activities SF No. 00195 from 25 July 2014, issued to Silk Road Insurance, was abolished from 3 November 2015. Silk Road Insurance requested the Ministry to abolish the license. More
(17.11.2015)

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