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Finance 01/05/2015 Kafolat collects insurance premiums for 13.2bn soums in 1Q
Kafolat collects insurance premiums for 13.2bn soums in 1Q
Tashkent, Uzbekistan (UzDaily.com) -- State joint-stock insurance company Kafolat collected insurance premiums for 13.2 billion soums in the first quarter of 2015, which grew by 39.9% compared to the same period of 2014.

Total volume of rendered insurance services by the company made up over 5.4 trillion soums in the first quarter of 2015, which increased by 57.6% year-on-year.

The company said that it made up about 920 insurance payouts for 2.9 billion soums. The growth rate made up 1.8 times. The company made 10-11 payouts each day.

In the first company directed to reinsurance liabilities for 1.523 trillion soums in the first quarter of 2015 and received liabilities for reinsurance for 3.268 trillion soums.

As of 1 April 2015, the investments of the company made up 33.2 billion soums, which rose by 18.2% year-on-year, the insurer said.

The company noted that it registered additional shares for 2 billion soums and the issue was placed fully. The charter capital of Kafolat reached 28.2 billion soums in the result.

The insurance reserves of the company exceeded 31.5 billion soums. The growth rate made up 18.2% year-on-year.

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