Total volume of rendered insurance services made up 6.601 trillion soums in the reporting period, which rose by 86.3% year-on-year.

The company collected 6.011 billion soums on mandatory insurance of civil responsibility of vehicle owners, which rose by 32.3% year-on-year. The number of agreements, signed within the product, reached 176,246 agreements (+23%) with insurance liability of over 1.58 trillion soums.

On mandatory insurance of civil responsibility of employees, the company collected insurance premiums for 3.334 billion soums (taking into account work in insurance pool), which grew by 8.1% year-on-year.

Within this product, some 6,209 agreements were signed and the liabilities reached 2.407 trillion soums. The growth of insurance premiums, collected within this product, made up 52.7% or 1.626 billion soums.

Kafolat also made insurance payouts on 1,443 applications for total sum of 2.964 billion soums. The growth rate made up 2.53 times.

The company said that it received insurance premiums for 2.412 billion soums on insurance of small and private businesses, which rose by 66.5% year-on-year.

The company said that it received insurance premiums on insurance of construction-assembly risks for 467.7 million soums, insurance of vehicles of legal entities – 107.3 million soums and insurance of cargoes – 24.6 million soums.

The company opened five agencies in the rural areas of Uzbekistan. As of 1 July 2013, the company works in 85 rural areas of Uzbekistan.

The insurance company invested in such products as banking tools, deposits and certificates of the banks. As of 30 June 2013, the volume of investments reached 26.397 billion soums, which rose by 44.7% year-on-year.

The company also offers service on insurance of credit investments of commercial banks, which participate in investment projects. In the reporting period, the company rendered insurance services worth 763.6 billion soums and it received 3.822 billion soums of insurance premiums within the product.

The volume of insurance reserves made up 20 billion soums at the end of the reporting period, the company said.

Kafolat said that it handed over 1.671 trillion soums to reinsurance in the first half of 2013.

The company works on expansion of voluntary insurance products among populations. The volume of insurance premiums on insurance of properties, owned by rural population, made up 109.8 million soums. The growth rate made up 5.6%.

It also works on promoting individual insurance products. In the reporting period, Kafolat collected insurance premiums for 5.428 billion soums from individuals in the first half of 2013, which grew by 22.3% year-on-year. The company made up 705.7 million soums of payouts to individuals.

Kafolat also promoted family insurance from accidents. In the first half of 2013, the company collected insurance premiums for 983.1 million soums on personal insurance.