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Finance
25/01/2010
Insurance premiums for 142.7bn soums collected in Uzbekistan in 2009
Insurance premiums for 142.7bn soums collected in Uzbekistan in 2009
Tashkent, Uzbekistan (UzDaily.com) --
Insurance companies of Uzbekistan collected insurance premiums for 142.7 billion soums in 2009, which is 62.2% more year-on-year.
Share of voluntary insurance in total volume of collected premiums made up 74.2% and mandatory insurance – 25.8%.
Payouts volume rose by 28.4% year-on-year to 14.4 billion soums in 2009. Unprofitableness level decreased from 17.6% in 2008 to 13.9% in 2009.
At the end of 2009, 32 insurance companies operated in Uzbekistan, of which 29 worked in general insurance company and two in life insurance firms. One company operated in re-insurance market.
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