Market growth was supported only by voluntary insurance classes, while compulsory insurance decreased. The share of voluntary insurance in the market portfolio expanded significantly and exceeded 77%, while compulsory state insurance and other types of compulsory insurance recorded a decrease y-o-y.
Paid claims of the local insurers at the end of the first half of 2020 increased by more than 55% y-o-y to TJS 9.36 million (EUR 0.81 million), and again, mainly due to their growth in the voluntary types of insurance.
* at the following exchange rate:
1 EUR = 11.5640 TJS (June 30th, 2020)
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