UZBEKISTAN: Premium of GROSS INSURANCE went up by 144.3% y-o-y

5 September 2018 —
Premiums of GROSS INSURANCE for the first half of 2018 exceeded UZS 78.5 billion*, which is 144.3% more than a year ago. Among 27 local insurers, GROSS INSURANCE ranks 3rd in terms of generated premiums, as data of the Ministry of Finance of Uzbekistan show.

A major part of the premiums of GROSS INSURANCE consists of voluntary classes which saw growth by 2.8 times for the first 6 months and reached UZS 65 billion. Insurer's paid claims in the first half of the year went up by 3.2 times and totaled more than UZS 5.9 billion, said information agency UzReport.

*EUR 1= UZS 9150.95 (30.06.2018)