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Finance 06/11/2013 Kafolat collects insurance premiums for 23.5bn soums in 9 months
Kafolat collects insurance premiums for 23.5bn soums in 9 months
Tashkent, Uzbekistan (UzDaily.com) -- State joint stock insurance company Kafolat collected insurance premiums for about 23.5 billion soums in nine months of 2013, the press service of the company said.

According to the company, the growth of collected insurance premiums rose by 54.6% year-on-year.

The volume of premiums on mandatory insurance of civil liability of vehicle owners made up 8.3 billion soums and insurance liabilities on this product – 1.509 trillion soums. Some 224,900 agreements were signed within this market segment.

The company signed 25,383 agreements on mandatory insurance of civil liability of employers with insurance liabilities for 2.661 trillion soums. The volume of collected insurance premiums made up 4.3 billion soums.

In the reporting period, the company made up insurance payouts on 2,177 applications for 4.672 billion soums. The growth rate made up 165.4%. The company said it makes about 8 payouts per day.

The company added that it increased its assets and investments. As of 1 October 2013, the volume of investments of the company hit 27.283 billion soums, which rose by 27.7% year-on-year.

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