OREANDA-NEWS. January 15, 2007. In the process of implementing state priorities in forming financial infrastructure of market by positioning on introduction of new insurance products and developing new insurance niches and segments, the Company’s share in gross insurance premiums comprised 22,3%, in that way to provide for Uzbekinvest to be absolute leader in Uzbek insurance market, reported the press-centre of Uzbekinvest.

Particularly by 2007 results (compared to 2006):
Total amount of insurance agreements - 75 927 (115%),
including "Uzbekinvest Hayot" - 13 985 (115%);
Insurance liabilities amounted to - 4 737,0 bln.soums (125%),
including "Uzbekinvest Hayot" - 575,2 bln.soums (136%);
Gross insurance premiums was equal to - 17,44 bln.soums (142%),
including "Uzbekinvest Hayot" - 0,98 bln.soums (155%),
Insurance compensation paid off - 3,34 bln.soums (128%),
including "Uzbekinvest Hayot" - 0,12 bln.soums (66%).

At the same time, from total amount of insurance services provided (accepted liabilities), comprehensive property and private interests insurance of national exporters and foreign investors, medium and small enterprises was equal:

- Insurance protection of national exporters and investors interests - 1150,1 bln.soums (125%), including USD 499 mln. (128%);

- foreign investors - 2569,61 bln.soums (137,3%), including USD 1799,5 mln.(145%);

- medium and small enterprises - 133,0 bln.soums (191,3%), including USD 1,2 mln. (30 times);

- legal entities - 124,6 bln.soums (105%), including USD 52,1 mln. (108,8%), including "Uzbekinvest Hayot" - 0,55 bln.soums (164%).

In terms of providing comprehensive insurance protection for national exporters against commercial and political risks in international markets of capitals, technologies, goods and services, by 2007 results in export contracts insurance area, the Company has issued 282 (157%) policies with total liabilities of - 61,9 bln.soums (236%).

In terms of providing insurance protection for investment projects against general risks in 2007 Uzbekinvest has covered 37 investment projects included into 2007 Investment program of the Republic of Uzbekistan. Insurance liabilities accepted under these projects were equal to 994,4 bln.soums (203%), that is 28% from 134 investments projects.

At the same time, the amount of Company’s liabilities ceded for domestic reinsurance and international reinsurance has increased and made up 2 602 bln. soums, including USD 1 949,1 mln., the amount of liabilities accepted from other companies has reached 249,1 bln. soums, including USD 173,7 mln, amount of reinsurance premiums was equal to 3,19 bln. soums, including USD 2,4 mln.

In the framework of further development of insurance services and agent network, in 2007, the total numbers of Company’s branches increased to 21% and made up 40, numbers of agents reached 353(109%).