Regions with the Highest Home Insurance Rates in Kyrgyzstan Named

Арестова Татьяна Economy / Exclusive
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Regions with the highest level of home insurance in Kyrgyzstan

In Kyrgyzstan, the southern regions continue to lead in the level of housing insurance. This was reported by Aktan Turumbekov, the director of the Insurance and Reinsurance Department of the State Insurance Organization, in an interview on Birinchi Radio.

According to him, residents of the southern regions take home insurance more seriously due to frequent natural disasters.

According to the provided data, the level of insurance coverage is as follows:

Turumbekov noted that the statistical data shows that in regions where natural disasters occur more frequently, residents are more actively insuring their homes, seeking to protect their property from potential risks.

He also added that since last year, a government decree has come into effect, according to which any real estate transactions require mandatory home insurance.

“We believe that this decree has contributed to the increase in figures in Bishkek, as the capital accounts for the majority of buying and selling transactions,” emphasized Aktan Turumbekov.
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