The volume of insurance premiums, collected on voluntary insurance products, reached 218.814 billion soums in January-September 2014 (175.036 billion soums in Jan-Sepr 2013) and mandatory insurance products – 97.745 billion soums (71.023 billion soums). The growth rate made up 25% and 38% respectively.

In January-September 2014, the insurance company cut insurance payouts by 5% year-on-year to 49.197 billion soums. The volume of payouts on voluntary insurance products reached 30.197 billion soums (-21%) and on mandatory insurance products – 18.999 billion soums (+41%).

The insurance liabilities of the industry rose by 76% year-on-year in January-September 2014 and reached 244.41 trillion soums. The liabilities on voluntary insurance products made up 193.626 trillion soums (+81%) and mandatory insurance – 50.783 trillion soums (+60%).

Investments of insurance companies of Uzbekistan exceeded 594.804 billion soums (+21%), of which deposits were 273.235 billion soums (+23%), securities – 238.924 billion soums (+8%), loans – 6.318 billion soums (+45%), real estate – 29.245 billion soums (+53%). At the same time, the companies invested 45.784 billion soums to charter capital of the enterprises (+99%) and other investments made up – 1.298 billion soums (-42%).

Aggregate charter capital of insurance companies rose by 22% year-on-year to 339.777 billion soums as of the end of nine months of 2014 (in US dollar equivalent – US$64.3 million). As of 1 October 2014, there were 31 insurance companies in the market.

Uzagrosugurta (60.332 billion soums, growth rate – 30.2%), Uzbekinvest (37.439 billion soums, +31.3%), Kafolat (30.57 billion soums, +30.2%), Alfa Invest (20.788 billion soumms, +16.5%) and Kapital Sug’urta (20.693 billion soums, +56.83%) were in Top 5 of companies on the volume of collected insurance premiums in January-September 2014.

Uzagrosugurta (9.312 billion soums, +93.32%), Uzbekinvest (8.941 billion soums, -62.94%) and Uzbekinvest Hayot (6.903 billion soums, +51.38%) were top three companies on the volume of payouts in the first nine months of 2014.