Home and auto insurance remain the most popular sectors in Kyrgyzstan's insurance industry. This information was shared by Eldiyar Kaldarbekov, Chairman of the Board of OJSC 'GSO', as part of the 'Open Cabinet' project.
Features of home insurance
According to the head of the state insurance organization, there is a growing interest in real estate insurance across the country, especially among regional residents. This is due to the need for protection against natural disasters or fires.
Kaldarbekov emphasized that in the event of such incidents, home insurance is the only legal way to receive an insurance payout.
Insurance services market
Currently, in the Kyrgyz insurance market, private companies operate alongside the state organization. However, in the home insurance segment, only the state structure holds a monopoly.
