Uzbekistan
Steady growth of the insurance market
Over the last 5 years we have observed increases in gross written premiums in the insurance market of Uzbekistan that show proof of steady growth in the insurance market.
Changes to the laws and regulation of the Uzbek insurance market have caused increased competition in the market. This has positively impacted on the quality of insurance services and choice to our clients.
There are 34 insurance companies in the Uzbek insurance market, 31 of them are general insurance companies (non-life insurance) while only 2 companies are writing life insurance.
The steady growth of the insurance market indicates the measures of the Government to create a favorable environment for market development are starting to work, however the market is still difficult to enter for foreign insurers, and currency controls can sometimes cause delays with remitting reinsurance premiums.
MAI CEE partner in Uzbekistan
The MOI team are professional insurance market specialists who have more than 14 years of insurance and reinsurance market experience and are all qualified and licensed insurance brokers. Today the company serves in excess of 170 major corporate accounts, taking them among the market leaders in the country.
MOI place insurance with leading Uzbek insurance companies as well as international insurance and reinsurance markets.
Узбекистан – устойчивое развитие страхового рынка.
За последние 5 лет на страховом рынке Узбекистана наблюдается увеличение объемов собранных страховых премий, что свидетельствует об устойчивых темпах роста страхового рынка.
Необходимо подчеркнуть, что уровень концентрации на страховом рынке Узбекистана имеет тенденцию к снижению, что свидетельствует о росте конкуренции на рынке, и положительно отражае¬тся на качестве оказываемых страховых услуг.
По состоянию на 01.01.2013 г. на страховом рынке действуют 34 страховые компании, из них 31 в отрасли общего страхования (nonlife insurance), 2 компании в отрасли страхования жизни (life insurance).
Устойчивые темпы роста показателей страхового рынка, а также осуществляемые правительством мероприятия создают благоприятную перспективу развития рынка.
MAI Portfolio Manager Profile
Natalia is the Network Director of MAI CEE and a member of the Broker Board.
Natalia graduated in 1994 from Riga Technical University, where she studied International Economic Relations. Her graduate thesis was “The Potential Directions of Development of the Latvian Insurance Market”. Upon graduation she joined the Latvian insurance company “Helga” where she worked for three years.
She started her career as an assistant underwriter and moved on to the product development department dealing with Domestic Health Insurance. Later, after receiving training in the UK under British Government sponsorship, she worked on the development and enhancement of motor insurance projects. Natalia was recruited to MAI CEE in 2000 to assist the planned regional expansion of MAI CEE further into the region.
Natalia has been involved in opening and developing a number of MAI CEE’s offices, however her main task was always the development of relations with international broker companies, as well as coordination of MAI CEE offices’ work on international accounts.
Contact Details
MAI Central Eastern Europe
15/3 Ieriku Street, 6th Floor
LV-1084 Riga
Latvia