Uzbekistan
UZBEKISTAN: Uzbekistan to revise agricultural subsidy and insurance approaches
Uzbekistan plans to revise its approaches to agricultural subsidies and insurance, reports uzdaily.uz.
UZBEKISTAN: Life insurers' liabilities surge nearly 35-fold in the first half of the year
Total insurance liabilities of the market participants in Uzbekistan rose by 48.2% in the first half of 2026, reaching UZS 4.415 trillion (~EUR 0.32 billion).
STATISTICS: UZBEKISTAN, 1H2026: The market sees a rise in GWP, paid claims, number of policies and charter capital
Uzbekistan's insurance sector grew by 28.63% y-o-y in the first half of 2026, reaching a total of UZS 8.02 trillion (EUR 583.07 million). Total paid claims amounted to UZS 2.25 trillion (EUR 163.80 million), which is 80.91% more y-o-y in local currency, according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan (NAPP).
UZBEKISTAN: The insurance market expands more than 3.5 times in five years
Uzbekistan’s insurance market has expanded by more than 3.5 times over the past five years, Kamoliddin Abdurakhimov, CEO of the Association of Professional Participants in Uzbekistan’s Insurance Market said at the Azerbaijan International Insurance Forum (AIIF) 2026, held on 24-25 June in Baku.
STATISTICS: STATISTICS: UZBEKISTAN, 1Q2026: GWP up nearly 53%, while paid claims up only 30%
The insurance market of Uzbekistan saw strong growth from January to March 2026: GWP rose by 52.71% year-on-year to UZS 4.01 trillion (EUR 286.19 million), according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan.
UZBEKISTAN: Gross wins Brand Awards International Award, and brand value rises to USD 46.4 million
The Gross brand (one of the top three non-life insurers in the country) received a Brand Awards International award, and its market value increased to USD 46.4 million, which is more than 25% higher y-o-y, driven by the development of insurance services, digital solutions, and increased customer trust, according to gazeta.uz.
UZBEKISTAN: Türkiye, Azerbaijan, and Uzbekistan implement a joint agricultural insurance system
Türkiye, Azerbaijan, and Uzbekistan have established a unique model of cooperation in the agrarian sector, forming a strategic "triangle" and implementing a joint agricultural insurance system, according to the Minister of Agriculture of Uzbekistan, Ibrokhim Abdurakhmonov, Trend reports.
UZBEKISTAN: O‘ZBEKINVEST opens new insurance markets in Scandinavia and Northern Europe to support exports and international investment
O‘ZBEKINVEST, one of the top three non-life insurance companies in Uzbekistan, held a series of talks with the heads of leading Nordic export credit agencies – Export and Investment Fund of Denmark (EIFO) in Copenhagen, Denmark; Exportkreditnämnden (EKN) in Stockholm, Sweden; and Finnvera in Helsinki, Finland, the insurer said on its website.
UZBEKISTAN: Uzbekistan and Kazakhstan sign a memorandum of cooperation to promote their relationship in insurance
The Insurance Payments Guarantee Fund of Uzbekistan and the Insurance Payments Guarantee Fund of Kazakhstan signed a memorandum of cooperation aimed at strengthening reliability of national insurance systems and improving mechanisms for protecting policyholders' rights, uzdaily.uz reports.
UZBEKISTAN: OZBEKINVEST and SACE agree to insure raw material processing projects based on Italian technologies
OZBEKINVEST, one of the top three non-life insurance companies in Uzbekistan, and SACE have reached an agreement to provide insurance coverage for raw material processing projects utilizing Italian technologies. According to the insurer, joint protection mechanisms will help exporters minimize risks and strengthen trade ties between the two countries.
STATISTICS: UZBEKISTAN, FY2025: Non-life insurance generates over 95% of total GWP
In 2025, Uzbekistan's insurance sector grew by 37.80% y-o-y, reaching a total of UZS 13.46 trillion (EUR 950.66 million), according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan.
UZBEKISTAN: New state social insurance system implemented based on international standards
Uzbekistan continues its expert work on the implementation of a new state social insurance system, adoption of which has become a key step in the social protection modernization, according to UzDaily.
UZBEKISTAN: MTPL price nearly quadrupled in January
MTPL topped the list of the most expensive goods and services in January in Uzbekistan, according to data from the National Statistics Committee, Spot.uz reports, citing the Committee’s press release.
UZBEKISTAN: In January-November 2025, the market grew by more than 36%
According to the National Statistics Committee, the insurance market of Uzbekistan in January-November 2025 amounted to UZS 10.9 trillion (~EUR 0.79 billion), which is UZS 2.9 trillion more y-o-y.
UZBEKISTAN: Charter capital of APEX INSURANCE becomes the largest on the market
By the end of 2025, charter capital of APEX INSURANCE reached a record high of UZS 900 billion (~EUR 63.98 million), which is the largest on the Uzbek insurance market and makes the company an absolute leader in terms of capitalization, according to the insurer.
UZBEKISTAN: The share of reinsurance on the market in January-October 2025 reached 14.2%
The insurance market in Uzbekistan in January-October 2025 amounted to UZS 10 trillion (~EUR 0.72 billion), the National Statistics Committee reports.
UZBEKISTAN: Agricultural Insurance Fund to be created
An Agricultural Insurance Fund will be created in Uzbekistan to protect producers from natural and man-made risks, uzdaily reports, citing a government statement.
STATISTICS: UZBEKISTAN, 3Q2025: Non-life insurance dominates the market, generating over 94% of premiums
In 9M2025, Uzbekistan's insurance sector grew by 39.63% year-on-year to reach UZS 9.79 trillion (EUR 692.58 million), according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan.
UZBEKISTAN: SNS RATINGS expects O‘ZBEKINVEST to improve its business scale and strengthen its position and share in the insurance market
This fall, SNS RATINGS agency officially announced assignment of the highest solvency and reliability rating of AAA to O‘ZBEKINVEST, a top-three non-life insurer, with a stable outlook, according to the insurance company.
UZBEKISTAN: A meeting of insurance and reinsurance leaders in Asia will be held in Tashkent on November 20
INSUR Asia, a meeting of insurance and reinsurance leaders in Asia, will be held as part of the FINNEXT Asia International Forum of Financial Innovations in Tashkent on November 20, 2025.

29 September 2026