STATISTICS: UZBEKISTAN, 3Q2015: Claims increased by 56.19%

In the first nine months of 2015, the volume of GWP collected by the Uzbek insurance companies totaled UZS 398 billion or EUR 135 million, up by 27% in national currency compared with 3Q2014, according to market data provided by the Ministry of Finance of the Republic of Uzbekistan.

During this period, an important growth was reported in claims, from UZS 53 billion in 3Q2014 to UZS 83 billion in 3Q2015, up by 56.19%.

According to the official data from the Guarantee Fund for MTPL insurance as of October 1st, insurance companies - members of the Fund have concluded 1,525,786 contracts (up by 105.8% compared to the same period of 2014). At the same time, the gross written premiums collected for MTPL insurance, in the reporting period, increased by 113%, to UZS 56 billion, at the same time the volume of claims increased by 124% and totaled UZS 8.4 billion.

Access and download the 3Q2015 Uzbek insurance market statistics.

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

Share |

Related articles


Stefan STAVROSITU appointed Sales Director of GROUPAMA's Romanian unit

Groupama Asiguraari, the Romanian arm of the French group and of the leading players on he ocal market, has announced the appointment of Stefan STAVROSITU as National Sales Director, replacing Julien RAMILLION who, after holding this position for four years, will receive other responsibilities.



LIVE: IIS Global Insurance Forum 2018 / Day2

The works of the Global Insurance Forum continued today in Berlin, Germany. Providing security for ageing populations in health care and pensions terms, as well as innovation and InsurTech or innovative strategies for the future development of the industry are on the today's agenda.


See all