Rating of "Ahbor-Reyting" rating agency

Ahbor-Reyting is the first rating agency of Uzbekistan, created in 1995 to provide rating services to commercial banks, insurance and leasing companies, issuers of corporate bonds and other financial organizations. All rating procedures and methodologies used by Ahbor-Reyting were developed with the assistance of the Association of Credit Rating Agencies of Asia (ACRAA) and are based on the application of best international practices.

The rating level assigned to Uzbekinvest is the highest assessment of the solvency of an insurance company on the national rating scale and is assigned to companies that have an exceptionally high ability to timely and fully fulfill their obligations and requirements of insurance policy holders.

The rating agency notes a number of positive factors influencing the rating level:

• wide regional coverage and range of insurance services;
• high market shares and leading market positions in terms of key parameters;
• positive diversification of insurance revenues by region;
• high business activity of the company and intensive development of the main segments of the insurance services market;
• shareholder support;
• active implementation of modern information technologies and financial instruments;
• good diversification of services provided by region;
• high level of solvency;
• experienced management team.

According to the agency’s report, during 2022, the scale of business and performance indicators of Uzbekinvest increased at a steady pace.