Apex Insurance increases net profit by 145% in the first quarter

Tashkent, Uzbekistan (UzDaily.com) -- Apex Insurance for the first quarter of 2024 received a net profit of 86.4 billion soums, which is 145.2% higher than the same period of last year.

Revenues from the provision of insurance services for this quarter amounted to 462.8 billion soums, while a year earlier this figure was at 11.1 billion soums.

The volume of insurance premiums for direct and coinsurance increased from 254.4 billion to 873.2 billion soums (+243.3% year on year).

The company’s assets increased by 98.1% and reached 2.3 trillion soums. Own capital amounted to 537.6 billion soums.