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"Kapital Sug'urta" JSC fights against insurance fraud   17.05.2017 19:03:28 • "UzReport"
Insurance is a sphere associated with intensive flows of financial resources. It is not surprising that in real life there are cases of fraud of some professional participants of the insurance market at all levels of rendering insurance services - from the process of concluding the insurance contract to the payment of insurance compensation.
 
Uzbekistan's insurance market soars 28% in IQ   17.05.2017 15:57:52 • "UzReport"
In the first quarter of 2017, the aggregate volume of insurance premiums in the market soared 28% and amounted to 208 billion soums. According to the Ministry of Finance, there were 27 insurers operating in the country during the 1st quarter, including 4 operating in the industry of life insurance, while the remaining 23 in the general insurance industry.
 
According to the data of the Ministry of Finance of the Republic of Uzbekistan, following the results of the first quarter of 2017, insurance companies - Uzagrosugurta (16.8%), Uzbekinvest (11.0%) and "Insurance company Kafolat" (9.4%) entered the TOP-3 in terms of insurance premiums in the insurance market. It should be noted that these companies have already established themselves in the market as leading companies and hold their positions for quite a long time.
 
According to the Ministry of Finance in the 1st quarter of 2017, Uzbek insurance companies made insurance payments in the amount of 75.2 billion soums. This indicator exceeds the results of the first quarter of 2016 by 2.1 times.
 
Information-rating Agency SAIPRO has confirmed IC "Garant Insurance Group"'s rating for 2016 at "uzA" (High financial reliability).

 






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