Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan’s largest general insurance companies recorded highly uneven growth in net insurance premiums in the first half of 2026, with market leader Apex Insurance JSC increasing premiums by 41.2%, while some large and medium-sized insurers posted significantly higher growth and others recorded declines, the National Agency of Perspective Projects (NAPP) said.
Total net insurance premiums in the general insurance sector rose 46.2% to 5.446 trillion soums, compared with 3.724 trillion soums a year earlier.
Apex Insurance JSC retained the top position with 1.524 trillion soums in premiums, nearly three times the figure recorded by its closest competitor, My-Insurance JSC. My-Insurance increased its premiums by 36.5% to 483.9 billion soums.
Kapital Sug'urta JSC moved into third place, more than doubling its premiums, which rose 108.2% to 480.9 billion soums.
O'zbekinvest JSC and Kafolat Sug'urta Kompaniyasi JSC also recorded notable growth, with premiums increasing 53.8% to 480.2 billion soums and 92.0% to 294.3 billion soums, respectively.
Among companies outside the top five, Imkon Sug'urta JSC recorded the strongest growth, with premiums rising nearly fourfold, or 293.1%, to 55.6 billion soums. Infinity Insurance JSC increased premiums by 163.1% to 69.0 billion soums, while Neo Insurance Corp JSC posted growth of 143.4% to 89.0 billion soums. Alfa Invest Sug'urta Kompaniyasi JSC also recorded significant growth of 88.0%, reaching 138.8 billion soums.
Not all companies increased their premiums. Asia Insurance Sug'urta Kompaniyasi JSC recorded a 9.5% decline to 60.9 billion soums, while Ishonch Sug'urta Kompaniyasi JSC fell 11.1% to 39.9 billion soums. The sharpest decline among operating companies was recorded by Semurg Sug'urta JSC, whose premiums fell 71.9% to 7.5 billion soums from 26.6 billion soums a year earlier.
A new participant also entered the reinsurance segment during the reporting period. O'zbekiston Qayta Sug'urta Kompaniyasi JSC collected 3.3 billion soums in net premiums.
