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Finance 05/05/2011 Uzbekinvest’s net income hits 1.944 billion soums in 2010
Uzbekinvest’s net income hits 1.944 billion soums in 2010
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekinvest national export-import insurance company received net income for 1.944 billion soums in 2010, the accounting report of the company said.

Net revenue from sales of insurance services made up 9.345 billion soums in 2010. The insurance payouts reached 5.36 billion soums.

Income of Uzbekinvest from financial activity exceeded 15.101 billion soums, while expenses from financial activity reached 8.279 billion soums.

In line with the report, the assets of the company made up 174.77 billion soums, of which 118.167 billion soums were long-term assets, 54.619 billion soums – money resources and short-term investments.

The charter capital of the insurer made up 3.452 billion soums. Net insurance reserves hit 17.81 billion soums at the end of 2010. Undistributed income exceeded 1.944 billion soums.

Uzbekinvest national export–import insurance company is operating on insurance market in branch of “general insurance” and insures by all 17 types of insurance according to glossary of insurance activity. The company was founded in April 1994.

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