Starting from January 1, 2026, the maximum MTPL coverage amount in Uzbekistan will double – from the current UZS 40 million (~EUR 2,800) to UZS 80 million (~EUR 5,550). Additionally, a Unified Insurance Billing System will be introduced on April 1, 2026, kun.uz writes.

TBC Uzbekistan, the first digital bank in Uzbekistan, launches online insurance and enters a new segment. Creation of its own insurance company TBC Sug‘urta is an important step that opens up insurance for TBC Uzbekistan and strengthens synergy between all products of the ecosystem, TBC Uzbekistan reports.

On June 16, 2025, the international rating agency Moody's Ratings officially announced an upgrade of the financial strength rating outlook of Uzbekinvest to Ba2 - positive, the insurer writes on its website.

A national reinsurance company, O‘zbekiston qayta sug‘urta kompaniyasi, will be created in Uzbekistan. The President of Uzbekistan has signed a corresponding decree, uzdaily.uz reports.

The National Agency for Prospective Projects (NAPP) has published a rating of insurance organizations of Uzbekistan, in which APEX INSURANCE ranks first with the highest quality rating - AAA and a final score of 115.

In May 2025, the international rating agency A.M. Best affirmed Uzbekinvest's financial strength rating (FSR) at B and long-term issuer credit rating (ICR) at bb, with a “Stable” outlook for both ratings, the insurer announced on its website.

In 1Q2025, the insurance sector of Uzbekistan grew by 18.81% y-o-y and amounted to UZS 2.63 trillion (EUR 189.12 million), according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan.

Uzbekistan is adopting the Azerbaijani model of agroinsurance, as Botir Usmonaliev, a representative of the Ministry of Economy and Finance of Uzbekistan, said during a panel session on "Prospects for the Development of the Agricultural Insurance System: Azerbaijan's Experience, Challenges and International Practice" at the II International Forum of Agricultural Innovations in Baku, Trend reports.

In 2024, GROSS insurance company settled a quarter of all insurance cases in Uzbekistan, according to the report of the National Agency for Prospective Projects (NAPP) “Indicators of the insurance market of the Republic of Uzbekistan in 2024”.

The President of Uzbekistan has signed the Law “On agricultural risk insurance”, which provides for conclusion of agroinsurance contracts for one or more risks when producing agricultural products, APK-Inform writes.

In recent years, financial risk insurance and property insurance have become increasingly important in the structure of the insurance market of Uzbekistan, which is facilitated by growing inward reinsurance. At the same time, life insurance has sharply decreased after abolition of tax incentives in 2023: its share fell from 25% in 2022 to only 2% in 2024, uzdaily.uz writes.

APEX INSURANCE, the leader in the insurance market of Uzbekistan, announced record results for 2024, confirming its stability and leadership position in the insurance market, the insurer writes.

At the end of 2024, the insurance sector of Uzbekistan grew by 21.22% y-o-y and amounted to UZS 9.77 trillion (EUR 727.16 million), according to the data published by the National Agency of Prospective Projects (NAPP).

During the Tashkent Marketing Forum 2025, which took place on February 15, Uzagrosugurta received the award “For contribution to the development of online insurance in Uzbekistan in 2024”, gazeta.uz writes.

Representatives from Türkiye and Azerbaijan have expressed their readiness to share their expertise in agroinsurance with Uzbekistan and to collaborate on addressing potential challenges in this field, Trend reports.

The Ministry of Justice of the Republic of Uzbekistan has approved the procedure for determining and maintaining the rating of insurers, developed by the National Agency for Prospective Projects (NAPP). The document sets clear criteria for assessing the quality of services provided by insurance companies.

At the end of 3Q2024, the insurance sector of Uzbekistan grew by 18.64% y-o-y and amounted to UZS 7.01 trillion (EUR 494.28 million), according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan.

A draft law “On agricultural risk insurance” has been developed in Uzbekistan, which was discussed on November 25 during the presentation of proposals for food security governance, increase of cotton and cereal crop yields, gazeta.uz writes.

On November 14, the international rating agency Moody's Ratings announced in its official press release that it upgraded the financial strength rating of Uzbekinvest insurance company to Ba2 with a stable outlook, the insurer writes.

The United Nations Development Program (UNDP), in cooperation with the National Agency of Perspective Projects of the Republic of Uzbekistan (NAPP), conducted a training for the insurance market regulator and insurance sector specialists. Prof. Karel van HULLE, Professor, KU Leuven - Goethe University Frankfurt, Germany was the lector of the training.