{"id":5226,"date":"2026-05-13T20:07:00","date_gmt":"2026-05-13T18:07:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=f5d77393eab91a8c29c6e359a20d6431"},"modified":"2026-05-13T20:07:00","modified_gmt":"2026-05-13T18:07:00","slug":"am-best-affirms-credit-ratings-of-uzbekinvest-export-import-insurance-company-jsc","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=5226","title":{"rendered":"AM Best Affirms Credit Ratings of Uzbekinvest Export-Import Insurance Company, JSC"},"content":{"rendered":"

LONDON--(BUSINESS WIRE)--#insurance<\/a>--AM Best<\/b> has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of \u201cbb\u201d (Fair) of Uzbekinvest Export-Import Insurance Company, JSC (Uzbekinvest) (Uzbekistan). The outlook of these Credit Ratings (ratings) is stable.<\/p><\/a><\/a>

\nThe ratings reflect Uzbekinvest\u2019s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.<\/p>

\nUzbekinvest\u2019s balance sheet strength is underpinned by its risk-adjusted capitalisation at the strongest level, as measured by Best\u2019s Capital Adequacy Ratio (BCAR). AM Best expects the company\u2019s BCAR scores to remain above the minimum required for the strongest assessment level, with a sufficient buffer to absorb volatility associated with the company\u2019s underwriting exposures. In addition, Uzbekinvest has a relatively conservative investment allocation strategy, with most of its investments held in cash and deposits, which provides a good level of liquidity, as well as in fixed income securities, predominantly of excellent credit quality. Going forward, AM Best expects the company to enhance its capital management framework.<\/p>

\nThe marginal operating performance assessment considers Uzbekinvest\u2019s high combined ratios with overall underwriting results negatively affected by the company\u2019s high expense base. In 2024, the company reported a return of equity of 6.9%, as calculated by AM Best, as its earnings have been supported by solid investment income, reflecting the high-interest rate environment. Although Uzbekinvest is expected to report positive operating results in 2025, the company\u2019s technical performance remains subject to uncertainty due to the company\u2019s limited expertise in underwriting international risks.<\/p>

\nUzbekinvest\u2019s limited business profile assessment reflects its leading market position in the small, albeit growing, Uzbek insurance market and nascent competitive position in its overseas markets. Over the past several years, the company significantly grew its inward reinsurance portfolio, which accounted for more than half of net written premium in 2024 and 2025. Although most of this business is written outside of Uzbekistan, the company has shrunk its foreign portfolio, recognising the risks of international reinsurance market exposure and has shifted its strategic focus toward reinsuring domestic risks.<\/p>

\nUzbekinvest is majority owned by the State Assets Management Agency of the Republic of Uzbekistan. The company\u2019s relative independence of operations from the state means that no lift or drag is applied to its ratings.<\/p>

\nThis press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s Recent Rating Activity<\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best\u2019s Credit Ratings<\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best\u2019s Ratings & Assessments<\/a>.<\/b><\/p>

\nAM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com<\/a>.<\/b><\/p>

\nCopyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

\nSergey Trofimov, FIA, FRM, CAIA, CFA<\/b>Senior Financial Analyst<\/b>+44 20 7397 0321<\/b>sergey.trofimov@ambest.com<\/a><\/p>

\nTodor Kitin, ACA<\/b>Associate Director, Analytics<\/b>+44 20 7397 0335<\/b>todor.kitin@ambest.com<\/a><\/p>

\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a><\/p>

\nAl Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LONDON–(BUSINESS WIRE)–#insurance–AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of \u201cbb\u201d (Fair) of Uzbekinvest Export-Import Insurance Company, JSC (Uzbekinvest) (Uzbekistan). The outlook of the…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5226","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5226"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5226\/revisions"}],"predecessor-version":[{"id":5227,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5226\/revisions\/5227"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}