STATISTICS:

TAJIKISTAN: Two state insurance companies collected 51% of the total GWP

According to the XPRIMM estimates, the insurance penetration degree in Tajikistan remains at 0.44% of GDP (2012-2014).

Currently in Tajikistan insurance services are provided by 16 companies, including two state-owned companies, TOJIKSUGURTA (which is the successor to TAJIK GOSSTRAKH) and TAJIKSARMOYAGUZOR, and 14 private companies - the most important one being ORIEN Insurance.

Two state insurance companies concluded about 97% of the all insurance contracts and collected 51% of the total volume of GWP.

According to the WB last report, "only a small percentage of the population has voluntarily purchased insurance products. About 26% of the adult population has some type of insurance. However, the highest penetration rate (22%) belongs to the general insurance class, which includes compulsory insurance for motor third party liability. Only about 3% of adults have other types of insurance, such as health and accident insurance. This information is consistent with the Global Findex data, which showed that only 0.8% of adults personally paid for health insurance."

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

Share |

Related articles

TAJIKISTAN, FY2011: Still in "infancy"

According our estimations, the total GWP amounted about EUR 20 million in 2011, respectively EUR 16 million in case of 2010, representing about 0.4% of GDP (EUR 4.9 billion in 2011 and EUR 4.2 billion in 2010 - published by the National Bank of Tajikistan), Tajik insurance industry being the smallest of the Central Asian CIS markets. Despite rapid growth in recent years, the insurance sector is still underdeveloped, highly concentrated, the majority of companies are undercapitalized, while many forms of insurance protection common in other parts of the world are not yet available.

2012-05-10

ON THE MOVE

TOP EVENT

photodune-3834701-laughing-girl-xs

LIVE: 1st National Reinsurers Summit in Moscow: focus on global cooperation

Today has started in Moscow the 1st National Reinsurers Summit "National Reinsurers: Focus on global cooperation". Organized by the Russian National Reinsurance Company (RNRC) with the support of the Central Bank of the Russian Federation, the conference has the xprimm.com insurance portal as Media Partner.

20.09.2018

photodune-3834701-laughing-girl-xs

LIVE from Monte Carlo: The 62nd edition of the "Rendez-Vous de Septembre"

The 62nd edition of the "Rendez-Vous de Septembre", the annual traditional meeting of reinsurers starts Sunday in Monte Carlo. XPRIMM Publications covering the CEE, SEE and CIS insurance markets are available at the XPRIMM stand in Fairmont Hotel, as well as at the most important venues in Monte Carlo.

13.09.2018

Willis Re - Market still soft, but functional

Despite the high losses from 2017 the reinsurance market is still soft, James KENT, Global Chief Executive Officer (CEO) of Willis Re stated at a press briefing in Monte Carlo.

10.09.2018

See all