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Finance 17/08/2012 Kafolat collects insurance premiums for 11.3bn soums in 1H
Kafolat collects insurance premiums for 11.3bn soums in 1H
Tashkent, Uzbekistan (UzDaily.com) -- State joint stock insurance company Kafolat signed 341,000 insurance agreements in the first half of 2012.

The company said it received insurance premiums for 11.3 billion soums, which grew by 3.255 billion soums compared to the same period of 2011.

The volume of used insurance premiums rose by 40.3% year-on-year. At the same time, the growth on voluntary insurance products made up 43.7% and on mandatory insurance products – 41.4%.

On personal insurance, the company received 908 million soums of premiums. The growth made up 40.9%.

On mandatory insurance of civil responsibility of vehicle owners, the company received insurance premiums for 4.473 billion soums. It signed 137,212 agreements with total insurance obligation for 753.3 billion soums.

The company received 3.072 billion soums of insurance premiums for 3.072 billion soums. Kafolat signed 3,172 agreements with insurance obligation for 1.387 trillion soums.

Total volume of rendered insurance services made up 3,194 trillion soums. The growth made up 20.1%.

The company made up 1.172 billion soums of payouts on 1,063 insurance cases, The growth rate was 15%.

In the reporting period, the volume of insurance obligations on agreements with small and private business made up 379.7 billion soums on 15,400 agreements. It received 1.4 billion soums on these agreements (2.1 times up). In the reporting, the company made 183.9 billion soums payouts.

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