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GASK Uzagrosugurta JSC (Uzbekistan)

Main Activities: Insurance Carriers
Full name: GASK Uzagrosugurta JSC Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Russian Download a sample report

GASK Uzagrosugurta JSC, located in Tashkent, was established on February 25, 1997, by Decree of the President of the Republic of Uzbekistan №1713. The company has a century-long history, tracing back to the establishment of the Main Directorate of State Insurance (Gosstrakh) on October 6, 1921, which was the sole provider of insurance services in the former Soviet Union. As the successor of Gosstrakh, Uzagrosugurta JSC is currently the leading participant in the insurance market of Uzbekistan. Under the Decree of the President of the Republic of Uzbekistan "On measures to accelerate the reform of state enterprises and the privatization of state property," the company is undergoing a transformation process. As part of this transformation, the company has rebranded and has been operating under the Uzinsurance brand of goods and services since June 22, 2021. The company's reform focuses on the principle of prioritizing the interests of each client and ensuring openness and transparency in consumer protection. Uzinsurance provides quality insurance services across the country, including in remote areas. With 187 insurance centers and 179 agent points throughout Uzbekistan, the company offers convenient and fast customer service. The authorized capital of the company is approximately 109 billion soums. Uzinsurance offers over 100 types of insurance services to both legal entities and individuals in all 17 classes of general insurance.

Headquarters
Yunusabadsky Dist., Mustakillik St., 5
Tashkent; Tashkent; Postal Code: 100017

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Website: http://www.agros.uz

Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 06, 1997
Key Executives
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Chairman
Ownership Details
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75.6%
Subsidiaries
Akb Uzagroeksportbank
5%
Company Performance
Financial values in the chart are available after GASK Uzagrosugurta JSC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency UZS. Absolute financial data is included in the purchased report.
Net insurance premium revenue
73.67%
Operating profit (EBIT)
532.71%
Net Profit (Loss) for the Period
19.4%
Total assets
113.18%
Investments
-43.73%
Receivables
1215.4%
Total equity
254.98%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-1.94%
Loss Ratio
-14.05%
Underwriting Expenses Ratio
-28.36%

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