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Finance 29/03/2019 INGO-UZBEKISTAN collected premiums for 27.8 billion soums in 2018
INGO-UZBEKISTAN collected premiums for 27.8 billion soums in 2018

Tashkent, Uzbekistan (UzDaily.com) -- INGO-UZBEKISTAN collected insurance premiums for 27.8 billion soums in 2018(an increase of 24.5%).

In particular, 25.3 billion soums were obtained from direct insurance operations (an increase of 16.6%), and 2.5 billion soums from incoming reinsurance operations (an increase of 291.7%).

The total volume of payments by INGO-UZBEKISTAN amounted to 3.1 billion soums in 2018, which is 105.5% more than the volume of payments in 2017. Payments for direct insurance transactions reached 2.9 billion soums (an increase of 94.6%), for incoming reinsurance operations - 0.16 billion soums (an increase of 100%).

The total investment income of INGO-UZBEKISTAN made up 3.8 billion soums in 2018, which is 59% more than in 2017. Profit before tax of INGO-UZBEKISTAN for 2018 amounted to 7.7 billion soums (a decrease of 7%).

The net profit of INGO-UZBEKISTAN was 7 billion soums in 2018 compared to 7.8 billion soums (a decrease of 10%) for the same period last year.

The volume of assets of INGO-UZBEKISTAN made up 59.0 billion soums (an increase of 28%). Insurance reserves increased to 27.2 billion soums (an increase of 49.4%). Own capital reached an indicator of 39.1 billion soums (an increase of 32%).

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