Almost 74% of premiums were provided by voluntary classes. At the same time, the share of voluntary insurance in the market portfolio dropped by about 3%, while the share of mandatory increased by almost 3%.
The market paid claims in 2018 in local currency decreased by more than 8%, voluntary insurance dominates in paid claims (85%). Paid claims of voluntary classes went up by almost 6%, and paid claims of mandatory ones dropped significantly.
The total number of insurance contracts in 2018 increased by 1.8% to 1,836,233 units. The number of contracts of mandatory insurance decreased, while the number of voluntary insurance contracts went up by 2.5%.
As of the end of 2018, the Tajik insurance sector was represented by 19 organizations (16 non-state, 2 state and 1 center for mutual insurance support). The market leader in terms of charter capital is SPITAMEN-Sugurta (TJS 87.74 million); in terms of assets and obligations - SUGURTAI AVVALINI MILLI (TJS 128.4 million and TJS 83.76 million accordingly).
*1 EUR = 10.8007 Somoni - TJS (December 31st, 2018)
Access http://xprimm.com/ and download FY2018 Tajik insurance market statistics.