TAJIKISTAN: The share of insurance sector’s assets in 2024 amounted to 1.7% of the total assets of the country's financial system

19 February 2025 — Marina MAGNAVAL
Assets of the insurance sector in 2024 increased by 10.5%, equity - by 19.6%, charter capital - by 45.1%, and insurance resources - by 2.5%, Avesta IA writes.

Paid claims and GWP for the reporting period increased by 26.6%, investments increased by 32.7%, and deposits in credit institutions - by 37%. Taxes paid increased by 24.4%.

The share of insurance sector’s assets in the total assets of the country's financial system amounted to 1.7%, and 0.6% in GDP. Return on assets and equity improved over the year: return on assets was 13.7%, and return on equity was 22.4%, which is 1.8 and 1.5 p.p. more y-o-y.

At the end of 2024, 16 organizations operated in the insurance market of Tajikistan, including 1 state and 15 non-state insurance companies with 66 branches throughout the country, as reported by the head of the National Bank of the Republic Firdavs Tolibzoda.



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