Ulaanbaatar
Insurance companies in statistics
EconomyUlaanbaatar /MONTSAME/ In first half of this year, 17 companies were carrying business in the insurance industry.
In the period, the companies’ revenues from insurance premium reached MNT 61.1 billion, declining by MNT 4.1 billion or 6.3%, and the size of insurance claims reached MNT 16.4 billion, decreasing by MNT 2 billion or 10.9% against the previous year.
In the second quarter of 2016, the insurance premium revenue increased by MNT 6.6 billion or 24.4%, whereas the claims went down by MNT 0.2 billion or 2.5% against the 1st quarter of 2016. The number of the insured declined by 212.5 thousand or 52.4%.
In the first half of this year, 598.9 thousand people (duplicated counting) were insured, 377.3 thousand of them were involved in the liability insurance, 106.3 thousand--in insurance of life and health, 91.5 thousand--in insurance of assets, and 23.8 thousand--in financial insurance.
