According to the Ministry of Finance of Uzbekistan, the volume of collected premiums on voluntary insurance products made up 190.164 billion soums in nine months of 2013 (131.458 billion soums in January-September 2012) and mandatory insurance products – 71.256 billion soums (58.305 billion soums). The growth rate made up 44.7% and 22.2% respectively.

At the same time, the volume of premiums on mandatory insurance of civil liability of vehicle owners (MICLVO) rose by 22.7% to 43.846 billion soums and on mandatory insurance of civil liability of employers (MICLE) – by 10.7% to 14.556 billion soums.

In nine months of 2013, the insurance companies increased payouts by 48.1% year-on-year to 53.147 billion soums. The volume of payouts on voluntary insurance products reached 39.416 billion soums (56.9%) and mandatory insurance – 13.729 billion soums (27.4%). Payouts on MICLVO made up 5.733 billion soums (+15.1%) and MICLE – 5.376 billion soums (+39%).

Number of the active agreements rose by 6.9% to 6.254 million, of which 4.77 million (+2.6%) were on voluntary products and 1.776 million (+19.6%) – mandatory products. The insurance companies inked 1.662 million agreements on MICLVO (+14.9%) and 110,291 agreements on MICLE (+203.4%).

The insurance liabilities of the industry grew by 41.2% year-on-year to 163.24 trillion soums in the reporting period. The liabilities on voluntary insurance products exceeded 130.809 trillion soums (+44.5%) and mandatory products – 32.431 trillion soums (+29.2%). The volume of MICLE liabilities made up 10.059 trillion soums (+24.6%) and MICLE – 12.872 trillion soums (+6.7%).

The investment of the insurance companies exceeded 520.631 billion soums (+23.2%), of which deposits reached 236.381 billion soums (+21.4%), securities – 223.092 billion soums (+27.5%), loans – 5.933 billion soums (+25.4%), real estate – 27.212 billion soums (+57%). The insurance companies invested 25.75 billion soums to the charter capitals of other enterprises (-8.1%).

The aggregate capital of the insurance companies rose by 14.1% year-on-year to 297.725 billion soums.

Uzagrosugurta (45.952 billion soums, growth 27.5%), Uzbekinvest (36.063 billion soums, +25%), Asia Inshurans (24.989 billion soums, +10.4%), Kafolat (22.42 billion soums, +47.6%) and Alfa Invest (17.528 billion soums, +100.2%) entered to Top-5 on collected insurance premiums in the reporting period.

Uzbekinvest (23.817 billion soums, +424.5%), Uzagrosugurta (4.724 billion soums, -22.3%), Uzbekinvest Hayot (4.538 billion soums, +45.7%) and Kafolat (4.485 billion soums, +160%) led on the volume of payouts in nine months.