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Finance 17/05/2010 Ingo-Uzbekistan’s net income makes up 1.179 billion soums in 2009
Ingo-Uzbekistan’s net income makes up 1.179 billion soums in 2009
Tashkent, Uzbekistan (UzDaily.com) -- Net income of Ingo-Uzbekistan insurance closed joint stock company decreased from 2.009 billion soums in 2008 to 1.179 billion soums in 2009, the financial report of the company said.

The company said its assets increase from 7.972 billion soums in 2008 to 12.209 bilion soums in 2009.

Ingo-Uzbekistan said it ensured stable growth of all main figures of the company’s activity and took the fourth place in Uzbekistan on collected volume of premiums with the market share of 7.74%. The volume of collected insurance premiums made up 13.7 billion soums.

The size of aggregate income of the company made up 4.15 billion soums, of which 62.13% were incomes from insurance activity and 37.87% - from investment and financial activity.

Aggregate capital of the company reached 6.55 billion soums at the end of 2009. Share of undistributed income in own capital was 18%. The size of investment portfolio reached 7.79 billion soums.

The company’s insurance reserves increased from 3.075 billion soums in 2008 to 6.879 billion soums in 2009. Current assets rose from 1.815 billion soums to 4.224 billion soums.

The charter capital of Ingo-Uzbekistan rose from 1.173 billion soums to 5.089 billion soums in 2009, the company said.

Ingo-Uzbekistan is subsidiary of the Russian Ingosstrakh open insurance joint stock company.

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