Uzbekistan
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.
2 April 2026STATISTICS: 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.
19 March 2026UZBEKISTAN: 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.
18 February 2026UZBEKISTAN: 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.
9 February 2026UZBEKISTAN: 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.
19 January 2026UZBEKISTAN: 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.
19 January 2026UZBEKISTAN: 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.
11 December 2025UZBEKISTAN: 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.
3 December 2025STATISTICS: 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.
25 November 2025UZBEKISTAN: 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.
18 November 2025UZBEKISTAN: 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.
27 October 2025UZBEKISTAN: O‘ZBEKINVEST demonstrates significant growth in key financial indicators in 9M2025
In the first 9 months of 2025, GWP of O‘ZBEKINVEST, a top-three non-life insurer, achieved UZS 1,178 billion (~EUR 83.31 million), which indicates a 145% increase year-on-year, according to gazeta.uz.
22 October 2025UZBEKISTAN: The market rises 28% y-o-y from January to August
According to the National Statistics Committee, Uzbeks spent UZS 7.7 trillion (~EUR 0.53 billion) on insurance from January to August 2025, which is UZS 1.7 trillion more than in the same period last year.
22 October 2025STATISTICS: UZBEKISTAN, 1H2025: the market rises by 46% y-o-y
In the first half of 2025, the insurance sector of Uzbekistan grew by 46.03% y-o-y and amounted to UZS 6.23 trillion (EUR 420.76 million), according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan.
2 September 2025UZBEKISTAN: A draft law on the insurance market development adopted in first reading
A draft law aimed at further development of the insurance market has been reviewed and adopted in the first reading in Uzbekistan, uzdaily.uz writes.
21 August 2025UZBEKISTAN: O‘ZAGROSUG‘URTA recorded stable development from January to July
One of the leading insurance market participants in Uzbekistan, O‘ZAGROSUG‘URTA paid out UZS 27 billion (~EUR 1.88 million) for 1,438 insurance cases in the first seven months of this year, gazeta.uz writes.
11 August 2025UZBEKISTAN: the maximum MTPL coverage amount will double starting January 1, 2026
Starting from January 1, 2026, the maximum MTPL coverage amount in Uzbekistan will double – from the current UZS 40 million (~EUR 2,800) to UZS 80 million (~EUR 5,550). Additionally, a Unified Insurance Billing System will be introduced on April 1, 2026, kun.uz writes.
5 August 2025UZBEKISTAN: TBC Uzbekistan launches online insurance and enters a new segment to expand the ecosystem
TBC Uzbekistan, the first digital bank in Uzbekistan, launches online insurance and enters a new segment. Creation of its own insurance company TBC Sug‘urta is an important step that opens up insurance for TBC Uzbekistan and strengthens synergy between all products of the ecosystem, TBC Uzbekistan reports.
17 July 2025UZBEKISTAN: Moody's Ratings raises Uzbekinvest rating outlook to Ba2 – positive
On June 16, 2025, the international rating agency Moody's Ratings officially announced an upgrade of the financial strength rating outlook of Uzbekinvest to Ba2 - positive, the insurer writes on its website.
25 June 2025UZBEKISTAN: National reinsurance company to be created in Uzbekistan
A national reinsurance company, O‘zbekiston qayta sug‘urta kompaniyasi, will be created in Uzbekistan. The President of Uzbekistan has signed a corresponding decree, uzdaily.uz reports.
2 June 2025
