Export-Import Insurance Company Uzbekinvest operates in the field of “General Insurance” and provides services in all 17 insurance classes according to insurance business classification.
Date of Establishment:
Uzbekinvest Insurance Company was established according to the Decree of the President of the Republic of Uzbekistan N UP 745 dated by 21st January 1994 in April, 1994 and Resolution of the Cabinet of Ministers of the Republic of Uzbekistan N 206 dated by 13th April 1994.
Reorganized into Uzbekinvest National Export-Import Insurance Company with status of the official state agent in export credit and investments insurance according to Decree of the President of the Republic of Uzbekistan N UP 1710 dated by 18th February 1997 and Resolution of the Cabinet of Ministers of the Republic of Uzbekistan N 113 dated by 28th February 1997.
On July 1, 2020 according to the Decree of the President of the Republic of Uzbekistan "On measures to expand the mechanisms of financing and insurance protection of export activities" and in accordance with the Decree of the Cabinet of Ministers of the Republic of Uzbekistan "On measures to further improve the activities of Uzbekinvest, the company was transformed into a joint stock company.
Share Capital: 303,45 billion soums.
Shareholders of the Company:
The State Assets Management Agency of the Republic of Uzbekistan (75,35%);
The National Investment Fund of the Republic of Uzbekistan (20.0%)
Other legal entities and individuals (4,65%).
Mission of the Company: to contribute to development of insurance sector of Uzbekistan by providing high quality insurance services at reasonable prices.
Company’s Objectives:
- providing comprehensive insurance protection for economic interests of the national exporters abroad against political, commercial and entrepreneurial risks preventing foreign partners from fulfilling obligations taken;
- providing insurance guarantees to commercial banks – residents of Republic of Uzbekistan - providing credits for financing export of technologies, goods and services in accordance with international principles of export credit insurance;
- providing comprehensive insurance protection for property and individual interests of foreign investors investing into economy of the Republic of Uzbekistan;
- developing direct cooperation with the international, foreign, and national state and private insurance companies and carrying out mutual insurance activity and reinsurance operations.
Working Order:
Monday-Friday, 9:00 to 18:00
Saturday-Sunday – rest days
Company’s Infrastructure:
Head office;
14 territorial branches in Tashkent city, in all regions of the republic and in the Republic of Karakalpakstan;
200 district divisions by the Republic, including 26 city divisions;
More than 800 insurance agents.
Specialized subsidiaries:
- Uzbekinvest International Insurance Company
The company for insurance foreign investments into Republic of Uzbekistan against political risks
- Uzbekinvest Assistance Ltd
Medical and legal assistance service
- Uzbekinvest Hayot Insurance Company Ltd.
Life insurance Company
Advantages and development perspectives:
Uzbekinvest is a leading insurance company in the market, which has consistently ranked among the top insurers in terms of the volume of collected insurance premiums for many years.
In order to actively expand its presence in international reinsurance markets and strengthen insurance support for Uzbek exporters abroad, the company is actively working with international rating agencies. Specifically:
- In November 2024, the international rating agency Moody’s Ratings officially announced the upgrade of Uzbekinvest’s insurance financial strength rating from “Ba3” to “Ba2” with a “Stable” outlook. Furthermore, in June 2025, Moody’s Ratings revised the outlook to “Positive,” indicating a high level of the company's creditworthiness.
According to Moody’s, the assigned rating and financial strength outlook (IFSR) are based on Uzbekinvest’s strong position in the insurance market, the presence of a high-quality investment portfolio managed by financial institutions with an Aaa rating, a high capital-to-risk ratio, and increasing geographic and business diversification due to the company’s growing focus on the international reinsurance market.
- In May 2025, the international rating agency A.M. Best Company Inc. assigned a Financial Strength Rating (FSR) of “B” and a Long-Term Issuer Credit Rating (ICR) of “bb,” both with a “Stable” outlook.
According to the agency's analysts, the company’s strong balance sheet is supported by robust capitalization and the highest assessment of capital adequacy. This, combined with a conservative investment policy — allocating assets to international markets with AAA ratings — and enhancements in risk analysis, has significantly improved underwriting performance.
- In August 2024, the rating agency Ahbor-Reyting assigned Uzbekinvest the highest national solvency rating of “uzA++” with a “Stable” outlook.
This rating level is the highest solvency grade, assigned to companies with an exceptionally strong ability to meet their obligations and fulfill the claims of policyholders in a timely and full manner.
The rating agency highlighted several positive factors influencing the rating: broad regional coverage and a wide range of insurance services, high market shares and leading positions in the insurance market by key indicators, positive diversification of insurance revenues by region, high business activity and active expansion into key insurance segments, adoption of modern information technologies and financial instruments, high solvency, and a skilled management team.
The management and analysis of service quality and the overall management system aimed at increasing customer loyalty serve as the strategic foundation for sustaining business development and maintaining leading positions in the insurance market.
- In May 2025, Uzbekinvest successfully passed a re-certification audit of its Quality Management System, resulting in the continued validity of its certificate of compliance with the international standard ISO 9001:2015.
The company’s future growth strategy is focused on strengthening its market position in both corporate and retail sectors, introducing new innovative insurance products and programs, advancing the use of information technologies in insurance operations, and continuously improving the sales and after-sales service process in accordance with client needs.