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Finance 04/05/2016 INGO-Uzbekistan increases its charter capital up to 4.9m euros
INGO-Uzbekistan increases its charter capital up to 4.9m euros
Tashkent, Uzbekistan (UzDaily.com) -- Charter capital of INGO Uzbekistan reached 4.9 million euros in soums equivalent, the press service of the company said.

The insurance company said that the charter capital was increased due to capitalization of undistributed income of previous year.

INGO-Uzbekistan collected insurance premiums for 14.7 billion soums in 2015, which rose by 1.5 billion soums compared to 2014. The premiums for 4.9 billion soums were collected in the regions, which grew by 20% year-on-year.

The volume of payouts made up 2.4 billion soums. The company’s insurance reserve increased by 27% to 9.6 billion soums in 2015.

Investments of INGO Uzbekistan into economy of Uzbekistan reached 18.2 billion soums in 2015, which increased by 23% year-on-year.

The assets of the insurance company made up 19.8 billion soums in 2015 and increased by 14% compared to 2014.

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