Insurance and Risk Management

31.05.2024

Insurance companies of Uzbekistan collect premiums worth 2.21 trillion soum in Q1

In the first quarter of 2024, insurance companies in Uzbekistan collected premiums worth 2.21 trillion soum, according to data from the National Agency for Prospective Projects (NAPP).

Today, there are 30 general insurance companies and 5 life insurance enterprises operating in the Uzbekistan market.

At the end of the first quarter of...

In the first quarter of 2024, insurance companies in Uzbekistan collected premiums worth 2.21 trillion soum, according to data from the National Agency for Prospective Projects (NAPP).

Today, there are 30 general insurance companies and 5 life insurance enterprises operating in the Uzbekistan market.

At the end of the first quarter of...

23.05.2024

Uzbekistan’s Apex Insurance increases net profit by 145% in first quarter

Apex Insurance for the first quarter of 2024 received a net profit of 86.4 billion soums, which is 145.2% higher than the same period of last year.

Revenues from the provision of insurance services for this quarter amounted to 462.8 billion soum, while a year earlier this figure was at 11.1...

Apex Insurance for the first quarter of 2024 received a net profit of 86.4 billion soums, which is 145.2% higher than the same period of last year.

Revenues from the provision of insurance services for this quarter amounted to 462.8 billion soum, while a year earlier this figure was at 11.1...

19.12.2023

Uzbekistan calls for ensuring competitive environment in insurance market

The Senate of Uzbekistan called for ensuring an equal competitive environment in the insurance market. This was reported by the press service of the upper house of parliament.

Over the nine months of this year, 42 insurance companies paid more than 1 trillion soum in insurance payments to the population and...

The Senate of Uzbekistan called for ensuring an equal competitive environment in the insurance market. This was reported by the press service of the upper house of parliament.

Over the nine months of this year, 42 insurance companies paid more than 1 trillion soum in insurance payments to the population and...

12.04.2023

Results of reforms in insurance activities in Uzbekistan for 2017-2022

Insurance is one of the effective means of ensuring the protection of businesses and the public from various risks and unforeseen circumstances.

As a result of successive reforms carried out in recent years in this area:

the legal base of the industry has been strengthened, including amendments and additions to the Law...

Insurance is one of the effective means of ensuring the protection of businesses and the public from various risks and unforeseen circumstances.

As a result of successive reforms carried out in recent years in this area:

the legal base of the industry has been strengthened, including amendments and additions to the Law...

22.02.2023

Insurance companies of Uzbekistan collect premiums for 6 trillion soum

Last year, insurance companies collected premiums for 6.2 trillion soum, which is 67% more than in 2021, the Insurance Market Development Agency reported.

The main part fell on voluntary general insurance (VOS) 4.2 trillion soum (+56.1%). The life insurance segment grew to 1.5 trillion soum (+116.7%).

In addition, companies more than doubled...

Last year, insurance companies collected premiums for 6.2 trillion soum, which is 67% more than in 2021, the Insurance Market Development Agency reported.

The main part fell on voluntary general insurance (VOS) 4.2 trillion soum (+56.1%). The life insurance segment grew to 1.5 trillion soum (+116.7%).

In addition, companies more than doubled...


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