Why is this important<\/p>\n
The insurance sector is becoming a more prominent investor in the real economy. The move towards real estate reflects the search for more profitable and long-term instruments, which can influence the asset market and the strategies of financial institutions. <\/p>\n
What happened<\/p>\n
34 insurance companies operate in Uzbekistan, including 6 in the life insurance sector;<\/p>\n
the share of deposits in portfolios decreased from 69% in the first quarter to 61%;<\/p>\n
The share of real estate increased from 8% to 19%; securities \u2014 from 19% to 17%;<\/p>\n
Apex Insurance led in insurance premiums in total insurance \u2014 2 trillion soums (+31.3%);<\/p>\n
in life insurance, Apex Life insurance ranks first \u2014 309.4 billion soums (+580.7%);<\/p>\n
My-Insurance leads in the number of existing contracts \u2014 1.3 million (+42%).<\/p>\n
Context:<\/p>\n
In 2024, Uzbekistan’s insurance sector showed growth amid reforms and the entry of new players. International regulatory standards (such as IFRS 17 and Solvency II) are being gradually adopted in the country. The sector remains small compared to banking \u2014 insurers’ assets represent less than 2% of GDP. <\/p>\n","protected":false},"excerpt":{"rendered":"
The total volume of investments by insurance companies in Uzbekistan as of 1 July 2025 surpassed 8.3 trillion soums, reflecting an increase of 2.2 trillion over the year. Companies are reshaping their investment structures: they are decreasing the share of deposits and increasingly investing in real estate. <\/p>\n","protected":false},"author":4,"featured_media":8841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":[],"_sharing_image_fieldset":[],"pin_until":"","footnotes":""},"categories":[2061],"tags":[2528,2247,2526,2248,2201,2527,2246,2274],"class_list":["post-8851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-alfa-life-insurance-en","tag-apex-insurance-en","tag-apex-life-insurance-en","tag-my-insurance-en","tag-napp-en","tag-tbc-sugurta-en","tag-uzbekinvest-en","tag-uzbekistan-en"],"yoast_head":"\n