The net profit of insurance companies reached 1.22 billion soms, while tax revenues to the state budget amounted to 340.8 million soms.
There is also an improvement in profitability indicators. The return on assets (ROA) increased from 7% to 8.82%, and the return on equity (ROE) rose from 15% to 18.55%.
The document notes that "the increase in the profitability of assets and capital indicates effective management of financial resources, improved operational efficiency of insurance companies, and strengthened resilience of business models in the insurance market of Kyrgyzstan."
