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Finance 06/11/2013 Uzagrosugurta collects insurance premiums for 46.3 bn soums
Uzagrosugurta collects insurance premiums for 46.3 bn soums
Tashkent, Uzbekistan (UzDaily.com) -- State joint stock insurance company Uzagrosugurta signed 2,917,465 insurance agreements in January-September 2013 and collected premiums for 46.3 billion soums.

The press service of the company said that the growth of collected insurance premiums rose by 38.7% and signed agreements – by 2.8%.

The volume of insurance liabilities of the company exceeded 17.1 trillion soums.

The company said its payouts made up 4.8 billion soums, which fell by 20.7% year-on-year.

Uzagrosugurta made payouts for 825.5 million soums on insurance of agriculture risks, 1.7 billion soums – on insurance of population, 111.8 million soums – on insurance of legal entities, 1.4 billion soums – on insurance of automobile civil liability and 663.1 million soums – on mandatory insurance of the civil liabilities of employers.

The company said it started to carry out work on inbound re-insurance to develop re-insurance activities. The company signed 519 re-insurance slips with insurance liabilities for 2.3 trillion soums.

The volume of premiums on mandatory insurance of civil liability of vehicle owners made up 16 billion soums and payouts – 1.469 billion soums. The liabilities on this product exceeded 353.4 billion soums

The company signed the premiums on mandatory insurance of civil liability of employers reached 4.9 billion soums and payouts – 663.1 million soums. The liabilities was 3.842 trillion soums.

As of 1 October 2013, the volume of investments of Uzagrosugurta made up 53.4 billion soums. The growth rate made up 62% year-on-year.

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