UZBEKISTAN INSURANCE AND REINSURANCE MARKET: trends and dynamics Dilshod Sultanov Director of Department of financial analysis and rating.

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UZBEKISTAN INSURANCE AND REINSURANCE MARKET: trends and dynamics Dilshod Sultanov Director of Department of financial analysis and rating

UZBEKISTAN (RE)INSURANCE MARKET: trends and dynamics Central Asian region

UZBEKISTAN (RE)INSURANCE MARKET: trends and dynamics

Professional participants of the insurance market of Uzbekistan Insurers (34) Assistance companies (4) Actuarial organizations (2) Adjuster and surveyors (4) Insurance Brokers (3) UZBEKISTAN (RE)INSURANCE MARKET: trends and dynamics

FACTORS PROVIDING DEVELOPMENT OF INSURANCE IN UZBEKISTAN: - high growth rates of GDP and macroeconomic stability; - Great attention of the government to the development of insurance; - Favorable conditions for the development of the insurance market. UZBEKISTAN (RE)INSURANCE MARKET: trends and dynamics

Program on the development of insurance market and further expansion of the activity of insurance companies for : - further improvement of insurance legislation in accordance with modern conditions; - increase of capitalization and capacity of insurance companies; - implementation of measures on speeded-up development of life insurance; -development of the infrastructure of insurance market and improvement of the quality of insurance services UZBEKISTAN (RE)INSURANCE MARKET: trends and dynamics

Minimal sizes of insurer’s charter capital established in Uzbekistan (thousand EURO) UZBEKISTAN (RE)INSURANCE MARKET: trends and dynamics

FAVORABLE CONDITIONS FOR THE DEVELOPMENT OF INSURANCE MARKET: - Granting tax exemptions for insurance companies; - Granting tax exemptions for insurants; - Granting tax exemptions for shareholders of insurance companies. UZBEKISTAN (RE)INSURANCE MARKET: trends and dynamics

April, 2012

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