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372,600 insurance contracts signed in Kyrgyzstan

Insurance companies took out 372,600 insurance contracts in 2018 that is 2.2 times more than in 2017. The National Statistical Committee of Kyrgyzstan presented such data.

During the year, the number of contracts increased by 200,000. At least 92.8 percent of the total number are contracts with individuals, and 7.2 percent — with legal entities.

The largest number of contracts were signed on voluntary insurance (72.7 percent of the total, or 270,800). Compared with 2017, their number increased 2.6 times, or by 165,100 contracts. Compared to 2017, the number of compulsory insurance contracts increased by 35,000 and amounted to 101,800 contracts.

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