COM PAN Y

PROFILE
OUR
ACHIEVMENTS

1 2023 BB- A++

One of the M arket Outlook "Highest"
leaders of leader “STABLE financial stability
Uzbekistan among life ” indicator.
insurance insurance
market companies
 REINSURANCE
:Accident Insurance
Health Insurance
Medical Insurance
Group Life Insurance
Credit Life Insurance
Accumulative Life Insurance
Critical Illness Insurance
Death by any case
Pension Life Insurance

Capacity for each insured person: 1.4 million USD

MARKET POSITION OF APEX LIFE INSURANCE FOR
2023
(mln. USD)
CLAIMS PAYMENT LIABILITIES
6, 88,
1 0
3, 12,2
2
4,2
PREMIUMS 2, AUTHORISED
6 CAPITAL
5, 4,
1 5
3, 4,
1 0

1, 2,
Source: NAPP’s reports,
orginfo.uz
6 8
DYNAMICS OF AUTHORISED CAPITAL (mln.

USD)

4 ,0
4.
0
3,2

3.
0
2,3 2,3

2.
0

1.
0

0.
0 20 2 20 2 20 2 20 2
0 1 2 3
Source: company's articles of
association
RATINGS OF FINANCIAL
STRENGTH
In October 2024, S&P Global Ratings assigned
BB- APEX LIFE INSURANCE a BB- rating with a STABLE
forecast: outlook. The factors that influenced the rating
Stable decision were:
October 2024 •additional capital injection during the next
growth phase;
• high growth rates of net profit;
• sufficient liquidity to meet its obligations.

SNS Raitings assigned the highest solvency rating

A++ to APEX LIFE INSURANCE in 2023.
In substantiating the rating, the RA notes such
forecast: Stable positive factors as:
September •leading positions in key segments of the country's
2023 life insurance market;
• constantly growing customer base;
• regular financial support from shareholders.
MANAGEMENT
STRUCTURE
SHAREHOLDERS
100% of shares of APEX LIFE INSURANCE are owned
by the parent company “APEX INSURANCE” JSC
under the management of Chairman of the
Board Yunusov Jakhongir Dzhamalidinovich.

BOARD OF DIRECTORS
Feruz Juraev, CEO, Uzbekistan. W ork
experience: more than 16 years.
Sherzod Nazarov, First Deputy CEO,
Uzbekistan. W ork experience: more than 12
years.
Bobur Abirkulov, Deputy CEO, Uzbekistan.
W ork experience: more than 16 years.
Fitrat Ganiev, Deputy CEO, Uzbekistan.
Work experience: more than 13 years.
BRANCH
NETWORK Head Office
Tashkent city branch
Tashkent regional branch
Sirdarya regional branch
Jizzakh regional branch
Samarkand regional branch
Fergana regional branch
Namangan regional branch
Andijan regional branch
Kashkadarya regional branch
Surkhandarya regional branch
Bukhara regional branch
Navoi regional branch
Khorezm regional branch
Insurance Centre “To’rtko’l”
Insurance Centre “Olmaliq”
Insurance Centre “Buxoro”
2021 18 Insurance Centre “Navoiy”
Turakurgan branch in Namangan
- branches Pop branch in Namangan

2022 19 Insurance Centre “Zarafshon”

Insurance Centre “Andijon”
- branches Insurance Centre “Urgench”
Republic of Karakalpakstan
2023 24 Navoi city branch
Source: -reports of
branches
the Insurance Market Development Agency
PREMIUM INCOME AND CLAIMS (mln.
PAYMENT USD)

Premium Claims
1 s Payment
0 9,
0
8
6,
6 5, 7, 1
0 4
5,
4 1
1,7
2 3,
0, 1
6
202 202 202 202
0
0 1 2 3

Source: reports of the Insurance Market Development Agency

NUMBER OF INSURANCE
CONTRACTS
20,000.
0
16
680 15
15,000. 176
0

9
10,000.0 783

5,000.0

1 219

0.0
2020 202 202
2021 2 3
Source: reports of the Insurance Market Development Agency
LI ABI LITY UNDER I NSURANCE CONTRACTS
(mln. USD)

100
86,
80
2

60

40

20

0, 1, 2,
0 4 9 3
202 202 202 202
0 1 2 3

Source: reports of the Insurance Market Development Agency, NAPP

STRUCTURE OF INSURANCE
PORTFOLIO
Life & Annuities Long-term Life Insurance Combined P roducts Health Insurance Accident Insurance

0,8
2023 76,5% 6,3% 13,1 %
3,3
%
%
1,0
2022 89,2% 8,7% %
1,0
%
0,1
%
2,2
202
1 83,8% 12,7% %
1,0
%
0,3
%
2020 65,5% 34,3 0,2
%
0,0 20,0 40,0
% 100,
60,0 0

80,0
Source: Internal company reports
OUR MAIN
CLIENTS
M M C_ACW A P OW ER TECHNICAL AND
FINANCIAL SERVICES
“Coscom ” LLC.
M M C “Nom ac Sirdarya Operation
and M aintenance Services” LLC.
JSC “Ziraat Bank
Uzbekistan” “Daro
Exclusive” LLC “TASHKENT
TOBACCO” LLC
UNDP in Uzbekistan
JSC “Ahangarancem ent”
FE “Ernst & Young” Ltd.
“ALM OND TECH” LLC
“CRP T TURON” LTD.
“TALIM ARJAN P OW ER
P LANT 1" LTD.
“O'zbekiston pochtasi” JSC
Em bassy of France in Uzbekistan
JV “Ernst and Young Advisory”
LLC “TECH CENTRE” LLC
“YANGI ZAM ON BINO” LTD.
“GOLDEN HOUSE PROPERTY
GROUP” LLC.
“Talimarjan Operations and Maintenance” LLC.
Representative office of “Worwag Pharma
Gm bH & Co.KG”
“M ELON FASHION CA” LTD
INDIVIDUAL LTD “MAREVEN FOOD PAMIR”
INSURANCE SERVICES FOR B2B AND B2C
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ISHONCH program m e
Thank
You!
+998 71 209 77
66

info@apexlife.

uz

www.apexlife.