STATISTICS: UZBEKISTAN, 1H 2016: 43.56% of market is held by voluntary insurance

In the first half of 2016 the Uzbek insurance market reached a total GWP volume of UZS 347,700 million, up by 36.94% in local currency and by 18.02% in European currency. Total claims paid were amounted to UZS 68,700 million, 21.16% more than in January-June 2015.

By types of insurances, the share of voluntary policies increased by 43.56%, while the mandatory classes accounted 24.11%.

The Top 5 Uzbek insurers (in terms of GWP) generate about 57.97% of the total market as follows: UZAGROSUGURTA, KAFOLAT, UZBEKINVEST, ALFA Invest and ALSKOM.

Access www.xprimm.com and download the 1H2016 Uzbek insurance market statistics.

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

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