Due to the pandemic situation, the emergency state in the country was extended until the mid-third decade of May 2020. For this reason, insurers' statements were presented in aggregate figures for 5 months of the current year.
Insurers' paid claims for the period reached KGS 62.74 million, which is about 20% more than in the first quarter of 2019. The largest segment of the market in terms of GWP collected in January-May and paid claims is property insurance (almost 52% of total GWP and approximately 50% of paid claims).
As of the end of May 2020, 14 insurers were active on the market. TOP-3 take up over 52% of the market portfolio. INGOSSTRAKH is the leader in terms of premiums generated for the first five months (market share is 24.81%), followed by JUBILI KYRGYZSTAN and ATN Polis.
Download the latest statistical data on xprimm.com at 5M2020 Kyrgyz insurance market statistics.