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Finance 03/12/2015 Uzbek insurers collect premiums for 398.49bn soums in Jan-Sep
Uzbek insurers collect premiums for 398.49bn soums in Jan-Sep
Tashkent, Uzbekistan (UzDaily.com) -- Insurance companies of Uzbekistan collected insurance premiums for about 398.494 billion soums in nine months of 2015, which grew by 27% year-on-year, according to data of the Ministry of Finance of Uzbekistan.

The volume of premiums on voluntary insurance products made up 264.362 billion soums in the reporting period (+22) and mandatory insurance products – 134.132 billion soums (+37%).

The companies increased insurance payouts by 56% year-on-year in January-September 2015 – to 82.956 billion soums. The volume of payouts on voluntary insurance products reached 50.495 billion soums (+62%) and mandatory insurance products – 32.461 billion soums (+47%).

Investments of insurance companies of Uzbekistan exceeded 713.934 billion soums (+21%), of which deposits were 335.008 billion soums (+34%), securities – 288.428 billion soums (+21%), loans – 8.408 billion soums (+34%), real estate – 27.084 billion soums -7%). At the same time, the companies invested 48.438 billion soums to charter capital of the enterprises (+17%) and other investments made up – 6. 47 billion soums (+ 5.89 times).

Aggregate charter capital of insurance companies rose by 18% year-on-year to 398.635 billion soums as of the end of the third quarter of 2015.

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