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Finance 16/01/2014 Kafolat collects insurance premiums for 29.3bn soums
Kafolat collects insurance premiums for 29.3bn soums
Tashkent, Uzbekistan (UzDaily.com) -- Kafolat state joint insurance company, according to preliminary data, collected insurance premiums for about 29.3 billion soums in 2013, which rose 1.4 times compared to 2012.

The press service of the company said that total volume of rendered insurance services for over 9.5 trillion soums. The growth rate made up 39.8%.

Total volume of payouts and insurance sums made up 5.9 billion soums in 2013, which grew by 130.9% year-on-year. The level of insurance payouts to premiums made up 20%.

The volume of payouts on mandatory insurance of civil liabilities of vehicle owners (27.3%) and insurance civil liabilities of employees (59%) reached 86.3% in 2013.

The company said that it received 10.7 billion soums of insurance premiums within the mandatory insurance of civil liabilities of vehicle owners, which made up 36.5% of total premiums.

Kafolat received 4.9 billion soums of insurance premiums within the mandatory insurance of civil liabilities of employees, which made up 16.7% of total premiums.

As of 1 January 2014, the investments of the Uzbek insurance company made up 28.5 billion soums, which increased by 25.9% compared to 2012.

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