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Uzbek insurance companies collect premiums for 551.53bn soums in 2015
Uzbek insurance companies collect premiums for 551.53bn soums in 2015

Uzbek insurance companies collect premiums for 551.53bn soums in 2015

Tashkent, Uzbekistan (UzDaily.com) -- Insurance companies of Uzbekistan collected insurance premiums for about 551.53 billion soums in 2015, which grew by 26% year-on-year, according to data of the Ministry of Finance of Uzbekistan.

The volume of premiums on voluntary insurance products made up 364.82 billion soums in the reporting period (+21) and mandatory insurance products – 186.71 billion soums (+35%).

The companies increased insurance payouts by 49% year-on-year in 2015 – to 111.002 billion soums. The volume of payouts on voluntary insurance products reached 67.227 billion soums (+48%) and mandatory insurance products – 43.775 billion soums (+49%).

Investments of insurance companies of Uzbekistan exceeded 758.087 billion soums (+22%), of which deposits were 355.003 billion soums (+21%), securities – 300.191 billion soums (+20%), loans – 7.567 billion soums (+13%), real estate – 38.776 billion soums (+39%). At the same time, the companies invested 50.363 billion soums to charter capital of the enterprises (+16%) and other investments made up – 6.185 billion soums (+ 5.25 times).

Aggregate charter capital of insurance companies rose by 16% year-on-year to 420.711 billion soums as of the end of 2015.

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