Tashkent, Uzbekistan (UzDaily.com) --INGO-Uzbekistan marks its 10^th anniversary. The Russian Ingosstrakh acquired stake in local insurance company and crated INGO-Uzbekistan on its basis. In 2003-2018, Ingorstrakh’s representative office worked in Uzbekistan.

Currently, the company holds 40% market share in insurance of travelers and is among leaders on insurance of liabilities (22% market share), complex insurance of vehicles (7%) and insurance of property (over3%).

Compared to 208, the volume of paid payouts rose 20 times and charter capital – over 25 times. Number of concluded agreements grew by 121 times.

In nine months of 2018, INGO-Uzbekistan collected insurance premiums for 21 billion soums, which grew by 35.4% year-on-year. Voluntary insurance of property, insurance of freight transportation, complex automobile insurance, insurance of travelers and insurance of civil liability grew in the reporting period.

The company’s payout rose by 2.3 times and reached 1.8 billion soums in the reporting period. INGO-Uzbekistan’s insurance reserves reached 25.8 billion soums, which increased by 32% year-on-year. The assets made up 58.5 billion soums, growing 32% year-on-year.

Currently, the company has 14 branches and 1 department in Uzbekistan, as well as 199 insurance agents.