The assigned rating of Khalq Sug’urta means high solvency of the insurance company. The rating reflects that the company has high ability and potentially to execute its liabilities and requests of clients fully and in time. But, change in commercial, financial and economic conditions can impact to ability of the company to implement its liabilities and requests of its clients more compared to companies with higher ratings.

Khalq Sug’urta was founded in 2011 and it renders services to individuals and legal entities. Khalq Bank state joint stock commercial bank fully owns the enterprise. The company works in general voluntary insurance market. It carries out activities on 11 classes of general insurance.

Khalq Sug’urta has branches in all regions. Ahbor-Reyting underlined high level of coverage and wide-scale activities of Khalq Sug’urta, which allows to render high quality services to clients. Existence of the branches in all regions allows the company to consider and settle all requests of the clients in time.

Ahbor-Reyting said that the volume of assets of the company rose 152.49% in 2012. The number of active agreements rose to 23,600 units. Aggregate insurance premium grew 2.7 times to 4.1 billion soums.

According to preliminary data, Khalq Sug’urta claimed 14 positions among Uzbek insurance company on the volume of collected insurance premiums in 2012. It is worth to mention that the volume of insurance liabilities rose 11 times. Insurance pay-outs of Khalq Sug’urta made up 472.3 million soums. Net insurance reserves rose almost 2.5 times.

Effective investment policy allowed Khalq Sug’urta to receive high income from its investment activities in 2012. Investment portfolio of the company rose by 154.84% and made up 93.97% of total assets. About 83.56% of investment portfolio of Khalq Sug’urta fell to share of bank deposits, 10.96% - shares of enterprises and 5.47% - other securities (deposit certificates).

Structure of investment portfolio showed that the company invested its resources to liquid assets such as banking deposits, deposit certificates and shares of the banks. It is expected that Khalq Sug’urta’s effective investments will allow to increase income.

Net income of Khalq Sug’urta grew over 9 times and reached 535.5 million soums. Income of the insurance company impacted to profitability of its activities.