Uzbekinvest National Export-Import Insurance Company
Last updated on 29 Feb 2024
Key facts
The state-owned export and import insurance agent of Uzbekistan.
Chilanzar district, Chupon Ota st.
Block C
Tashkent 100113
Uzbekistan
+(998 78) 120-03-50
www.uzbekinvest.uz
Block C
Tashkent 100113
Uzbekistan
+(998 78) 120-03-50
www.uzbekinvest.uz
PUBLIC
1994
Credit rating (sovereign) (S&P)
BB-
Foreign currency
Country trade data
2021 top export sectors
Stone and glass
33%
Textiles and clothing
22%
Metals
12%
Fuels
6%
Chemicals
3%
2021 export destinations
Financing modalities
`
100%
100%
Products
- Provides insurance to Uzbek exporters against non-payment by foreign buyers on goods and services exported on credit
- Eligibility: Insurance may be provided for benefit of either fixed- or floating-rate loans
- Contract repudiation insurance (political risk insurance)
- Sub-products of export insurance:
- Supplier’s credit
- Non-honoring L/C
- Advance payment
- Domestic credit
- Risk covered: Commercial and political risk
- Fees:
- No processing or application fee is charged
- Premium is paid upfront
- Premium is charged on total exposure
- As a full-service insurance company, the agency provides numerous different non-trade related products to individuals and businesses
Policies
- Code of the Republic of Uzbekistan “On Administrative Liability”, Civil Code of the Republic of Uzbekistan (Chapter 52 “Insurance”)