STATISTICS: Tajikistan, FY2017: The share of voluntary classes amounted to almost 77%
Insurance market of Tajikistan consists of three big segments: compulsory state insurance, other compulsory insurance and voluntary insurance. The voluntary segment in 2017 generated TJS 179.90 million (EUR 17.01 million) of total GWP, holding a market share of 76.28% in terms of GWP. Voluntary segment is the leading segment of the Tajik market by GWP, paid claims and premiums ceded in reinsurance.
By the end of 2017 Tajik insurance market was represented by 22 organizations, among which 2 state organizations, 18 non-state organizations, 1 broker and 1 mutual insurance association. In terms of assets the leading company is SPITAMEN-SUGURTA with TJS 90.3 million, followed by SUGURTAI Avvalini milli (TJS 61.35 million) and TOJIKSUGURTA (TJS 60.7 million). In 2017 total number of insurers increased by one company (in 2016 the market consisted of 21 organizations: 2 state, 17 non-state, 1 broker and 1 mutual insurance association).
oExchange rate as at December 31, 2017: 1 EUR = 10.5766 TJS (Somoni)
Access www.xprimm.com and download the FY2017 Tajik insurance market statistics.
- Market portfolio: GWP, claims, reinsurance, No. of contracts.