Uzbekistan to establish its first national reinsurer

Uzbekistan has officially announced the creation of its first national reinsurance company, the Reinsurance Company of Uzbekistan (RCU), which is scheduled to begin operations on 1 September 2025. The RCU will be launched with an initial capital of 300 billion UZS (24.3 million USD), equally funded by the State and private investors.

This initiative aims to reduce foreign currency outflows and strengthen the local insurance market.