Tajikistan
STATISTICS: TAJIKISTAN, FY2023: voluntary insurance generates about 80% of the total GWP
The insurance sector of Tajikistan ended FY2023 with TJS 430.5 million (EUR 35.59 million), which is 40.73% more y-o-y in local currency, as data from the National Bank’s report shows.
7 May 2024TAJIKISTAN: insurance sector assets rise 18% in 2023
In 2023, despite an impact of the difficult global situation on the national economy, the development of the insurance industry was stable, as stated by Deputy Chairman of the National Bank of Tajikistan Sirojiddin Ikromi, the Khovar national information agency of Tajikistan wrote with reference to the National Bank of Tajikistan.
2 April 2024TAJIKISTAN: Implementation of the law “On Health Insurance” postponed for the 5th time
The Law “On Health Insurance” was adopted in Tajikistan 15 years ago in 2008, but its implementation has been delayed for the 5th time, ASIA-Plus reports.
21 March 2024TAJIKISTAN: Spitamen Insurance received the annual award “Favorite Brand of Tajikistan”
Spitamen Insurance, out of 16 professional participants in the insurance market of Tajikistan, became the only insurance company that received the annual “Favorite Brand of Tajikistan” award in the insurance industry, ASIA-Plus Media Group reports.
20 November 2023STATISTICS: TAJIKISTAN, 1H2023: Assets of the insurance sector reach the highest level in 1H2023
In the first half of 2023, the total GWP in Tajikistan amounted to TJS 194.3 million (EUR 16.32 million). According to the National Bank, premiums tend to grow compared to 1H2022 by TJS 27.9 million or 16.8%.
6 September 2023TAJIKISTAN: insurance reserves increase by 58% in the first half of the year
In Tajikistan, the insurance sector saw positive results in key indicators, as was announced by the experts of the National Bank at the final meeting on activities of this sector of the economy for the first half of 2023, Sputnik reports.
1 August 2023TAJIKISTAN: The National Bank issued a new license to Takafful
The National Bank of Tajikistan issued a new license to the commercial insurance organization Takafful. The document allowing the insurance company to operate on the territory of Tajikistan will be valid until September 22, 2025, Sputnik writes with reference to the press service of the regulator.
4 July 2023TAJIKISTAN: for the first time, an insurance company of Tajikistan receives a high award from the Eurasian Union of States
The insurance company Spitamen Insurance received a golden award "For Labor and Valor" from the Eurasian Union of States, which is a significant event in the history of the insurance market in Tajikistan,
21 June 2023TAJIKISTAN: in January-September 2022, net profit of insurers increased by 2.6%, and premiums - by 6.8%
According to the National Bank of Tajikistan, for the first nine months of 2022, assets of insurance (reinsurance) organizations amounted to TJS 612.3 million (~EUR 63.84 million). The share of insurers' assets for the period was equal to 0.6% of GDP.
24 May 2023TAJIKISTAN: Insurance sector in 2022 saw rise in assets and signed contracts
Total number of concluded insurance contracts in Tajikistan in 2022 reached 2.1 million units, which is 7.3% more y-o-y, Trend reports, with reference to the National Bank of Tajikistan.
15 March 2023TAJIKISTAN: in Tajikistan it is proposed to insure deposits and savings of legal entities
The lower chamber of the Tajik parliament adopted amendments to the law "On Insurance of Savings of Individuals". Along with individuals, it is also proposed to insure savings and deposits of individual entrepreneurs, small businesses, as well as non-profit organizations, ASIA-Plus writes.
25 January 2023TAJIKISTAN: new company enters the Tajik insurance market
In Tajikistan, by decision of the National Bank, a new company, DS Sugurta, began insurance activities, tj.sputniknews.ru reports referring to the press service of the Tajik regulator.
29 November 2022TAJIKISTAN: NBT revoked the licenses of KAFIL and Bakel-Tilli Tojikiston
The National Bank of Tajikistan (NBT) has revoked licenses for two companies operating in the country's insurance market, tj.sputniknews.ru reports according to the press service of the Tajik regulator. KAFIL and Bakel-Tilli Tochikiston had their licenses revoked.
31 October 2022TAJIKISTAN: insurers paid claims' expenses increased by 30.4%
According to the National Bank of Tajikistan, insurance payments and compensations from January to June 2022 amounted to TJS 10.1 million (~EUR 0.99 million), which is 30.4% more y-o-y, according to the regulator.
3 August 2022STATISTICS: TAJIKISTAN, FY2021: voluntary insurance increased by more than 33% y-o-y
According to the results of 2021, the insurance sector of Tajikistan amounted to TJS 287 million (EUR 22.43 million), which is 21.7% more than in 2020, according to the data published in the report of the National Bank.
17 May 2022TAJIKISTAN: capital and insurance reserves increased in 2021, while net income decreased by almost 18%
Own funds (capital) of professional participants in the insurance market for 2021 amounted to TJS 320.5 million (EUR 25.25 million*), which is 47.4% more y-o-y. The National Bank in its review notes that the major part of the own funds of professional market participants is their charter capital, which increased by 91.6% in 2021.
11 May 2022TAJIKISTAN: Total charter capital of the insurers in 2021 rises by more than 90% y-o-y
Total charter capital of insurance companies in Tajikistan almost doubled in 2021, mainly due to entering of new players on the market, ASIA-Plus reports.
1 February 2022TAJIKISTAN: reinsurance of insurance companies in Tajikistan for the first time entrusted to a domestic company
In November, the National Bank of Tajikistan in Dushanbe hosted a presentation of reinsurance services with the participation of domestic insurance companies, IA Avesta reports.
15 November 2021TAJIKISTAN: NBT did not renew the license of the insurance company Tojiksarmoyaguzor
The National Bank of Tajikistan (NBT) did not renew the license of the insurance company Tojiksarmoyaguzor (according to data for 2020, it is one of the five leaders in the insurance market in terms of assets and charter capital).
3 August 2021TAJIKISTAN: The capital of insurers at the end of June grew by 90% y-o-y
The equity capital of insurance organizations in Tajikistan from June 2020 to June 2021 increased by 90%. At the same time, their total charter capital at the end of June 2021 reached TJS 232.6 million (EUR 17.28 million*), ASIA-Plus wrote according to the press service of the National Bank of Tajikistan (NBT).
27 July 2021
