In an exclusive conversation, Ойбек Халилов emphasized that Mosaic’s success is built on transparency, innovation, and a strong international team. Today, Mosaic Insurance Group stands as Uzbekistan’s first fully foreign-owned insurance company, licensed across all 18 non-life classes and rated uzA++ for solvency and stability.
Full interview available here: https://caravan-info.uz/ru/interview/624575-shest-let-stremitelnogo-rosta-istoriya-uspeha-uzbexkogo-strahovaniya-exlyuziv.html
Рубрика: Страховой рынок
Tashkent, Uzbekistan | May 2025
Grateful to receive this kind letter of appreciation from Mr. Khaled Mohamed Al Badi, Chairman of Federation Of Afro Asian Insurers & Reinsurers – FAIR, following the successful FAIR Energy Insurance and Risk Management Forum held in Tashkent.
As Chairman of the Association of Professional Participants of the Insurance Market of Uzbekistan, Mr. Oybek Nosirovich Khalilov was honored to support this important event, which brought together regional and international experts in energy insurance and risk management.
Special thanks and recognition go to Mr. Umid Khalikov, Supervisory Board Member of Apex Insurance JSC, whose leadership and vision were instrumental in the successful organization and sponsorship of the forum. Apex Insurance’s commitment helped elevate Uzbekistan as a host of international-level insurance events.
This acknowledgment from FAIR reflects the growing influence of Uzbekistan’s insurance industry and the value of collaborative leadership in shaping our region’s future.
Thank you to all colleagues, partners, and guests who made this milestone event possible!
#Insurance #FAIRForum2025 #RiskManagement #EnergyInsurance
FAIR Forum Day 2
Day 2 at the FAIR Energy Insurance & Risk Management Forum was all about renewables, resilience, and regional collaboration – and Mosaic Insurance Group continued to make its mark.
The day began with a high-powered panel on Renewable Energy, expertly moderated by Marsh legend – Guy Bessis. We heard sharp insights from:
Ian Lim (Lexasure Financial Group): on the evolution of renewable energy insurance markets,
Dr. Jon Zaidi (ACWA Power): on managing risk in green power projects,
Artur Gazizyanov and Vaclav Harant (Air Products): on economic drivers behind decarbonization.
This was followed by a deep dive into the role of regional reinsurers in shaping emerging markets, led by Yassir Albaharna (Trust Re).
A proud moment for our team as Oybek Nosirovich Khalilov – Chairman of the Insurance Association in Uzbekistan & CEO of Mosaic Insurance Group – spoke alongside regional leaders, underlining the need for smart reinsurance strategies to power future growth across Central Asia and beyond.
Mr. Khalilov also closed the forum with remarks focused on partnership, innovation, and capacity-building in energy insurance.
Oybek Nosirovich Khalilov Miraziz Khidoyatov Asal Temirkhodjaeva Назима Хашимова Шерзод Джаббергенов Аделя Бабикова Kurt Ebik
hashtag#MosaicInsuranceGroup hashtag#FAIRForum2025 hashtag#RenewableEnergy hashtag#Reinsurance
FAIR Forum Day 1
Day 1 of the FAIR Energy Insurance & Risk Management Forum in Tashkent was a powerful start — and Mosaic Insurance Group was front and center!
Proud moment as our very own Oybek Nosirovich Khalilov, CEO Mosaic Insurance Group and Chairman of the Insurance Association of Uzbekistan, took the stage as moderator of the forum, setting the tone for a high-level dialogue on “Upstream & Downstream Energy” risks.
Highlights:
Opening address by Uzbekistan’s Minister of Energy and the National Agency of Prospective Projects
Insightful updates from FAIR and the FAIR Oil & Energy Insurance Syndicate (FOEIS)
In-depth sessions on global energy markets, reinsurance trends, and the role of AI in risk management
A strong focus on sustainability and the future of energy insurance in a transitioning world
Mosaic Insurance Group’s team fully engaged, sharing expertise, asking the right questions, and bringing regional insights to a global audience.
It’s only Day 1, and we’re already making an impact.
Oybek Nosirovich Khalilov Аделя Бабикова Miraziz Khidoyatov Asal Temirkhodjaeva Шерзод Джаббергенов Назима Хашимова Neslihan Eroğlu Kurt Ebik
#MosaicInsuranceGroup #FAIRForum2025 #EnergyInsurance #RiskManagement
FAIR 2025 in Tashkent
Mosaic Insurance Group is proud to be part of the FAIR Forum 2025 in Tashkent — a landmark event gathering leaders of the insurance and reinsurance industry from across the Afro-Asian region and beyond.
Our team is excited to engage in meaningful dialogue, explore new regional partnerships, and exchange ideas on sustainable risk solutions and innovation in emerging markets.
With our strong presence in Uzbekistan and our expanding international reinsurance network, we’re eager to contribute to conversations shaping the future of insurance in Central Asia and across the FAIR (Federation of Afro-Asian Insurers and Reinsurers) community.
Let’s connect and discuss how we can build resilient solutions together!
Oybek Nosirovich Khalilov Miraziz Khidoyatov Аделя Бабикова Asal Temirkhodjaeva Назима Хашимова Шерзод Джаббергенов
#MosaicInsuranceGroup #FAIRForum2025 #Reinsurance
DWIC 2025 — What a week!
The Dubai World Insurance Congress once again proved to be a powerhouse of global connection, strategic dialogue, and forward-looking thinking.
Over two dynamic days, the Mosaic Insurance Group team met with existing and future partners from across the (re)insurance world – exchanging ideas, exploring new collaborations, and discussing the future of our industry. With more than 6,000+ meetings scheduled and delegates from 74 countries, DWIC continues to offer unmatched opportunities to build real relationships and unlock growth.
We’re proud to be part of a market that is actively embracing innovation – from digital trading platforms to smarter exposure management tools – and even prouder to be working alongside clients and reinsurers who share our ambition to lead with resilience, agility, and vision.
A big thank you to our partners, hosts, and everyone we had the chance to connect with. The conversations don’t end here – we’re excited for what’s ahead.
Let’s keep building, together.
Oybek Nosirovich Khalilov Miraziz Khidoyatov Asal Temirkhodjaeva Шерзод Джаббергенов
#DWIC2025 #MosaicInsuranceGroup #Reinsurance #InsuranceLeadership
DWIC 2025: Oybek Khalilov Highlights Central Asia’s Reinsurance Potential and the Strategic Role of DIFC
At the Dubai World Insurance Congress (DWIC) 2025, held under the theme Geo Spotlight: Central Asia, Mr. Oybek Khalilov, CEO of Mosaic Insurance Group participated in a high-level panel discussion exploring the evolving reinsurance landscape in Central Asia and the opportunities presented by international financial centers such as Dubai’s DIFC.
During the session, Mr. Khalilov emphasized the need for stability, clarity, and global connectivity when assessing the suitability of a reinsurance hub. He noted:
What we look for in a reinsurance hub is predictability, regulatory clarity, a transparent tax environment, access to qualified professionals, and most importantly – a clear gateway to global markets.
In this context, the Dubai International Financial Centre (DIFC) stands out not only as a convenient jurisdiction but as a world-class platform offering a comprehensive legal and regulatory environment. Backed by English common law and regulated by the Dubai Financial Services Authority (DFSA), DIFC aligns with international best practices, including IAIS principles, Solvency II, and IFRS standards.
In addition to legal and regulatory advantages, Mr. Khalilov pointed to DIFC’s tax efficiency and its unique ecosystem of reinsurers, brokers, actuaries, and auditors – all of which are critical for insurers like Mosaic operating in emerging markets.
For us, opening in DIFC is not an exit – it’s a step forward. It enables us to access knowledge, capital, and global best practices, which we aim to bring back and apply to our work in Uzbekistan.
Current Gaps and Regional Challenges
Addressing the state of reinsurance infrastructure in Central Asia, Mr. Khalilov drew attention to key challenge – absence of catastrophe modelling and regional risk pooling:
Despite the region’s high exposure to natural hazards such as earthquakes and floods, there are currently no standardized tools or mechanisms in place to assess and transfer these risks effectively.
Without these foundational elements, the region remains vulnerable — relying on emergency funding rather than proactive risk financing.
Opportunities and the Path Forward
While acknowledging the slow but steady progress in regulatory reform and product innovation, Mr. Khalilov stressed the importance of continued efforts in areas such as:
- Talent development and IFRS 17 implementation
- Digital transformation and technological adoption
- Product diversification, including cyber and parametric insurance
Uzbekistan is moving forward, but real progress will take time and coordinated efforts across public and private sectors.
Mosaic Insurance Group’s participation in DWIC 2025 reaffirms its commitment to aligning with global insurance standards while contributing to the sustainable development of Uzbekistan’s insurance sector. As regional integration deepens and international partnerships grow, platforms like DIFC are proving instrumental in enabling innovation, resilience, and long-term market maturity across Central Asia.
DWIC 2025 | Geo Spotlight: Central Asia Panel
Mosaic Insurance Group is pleased to share that our CEO, Oybek Nosirovich Khalilov , will be a featured panelist at the Dubai World Insurance Congress (DWIC) 2025, joining industry leaders for a high-level discussion on “Regional Outlook and Opportunities in Central Asia.”
📅 April 30 | 10:00–10:45 AM
📍 Main Stage – Spice Ballroom
This panel will explore key developments in Uzbekistan’s reinsurance and insurance markets, including:
Regulatory evolution and investment potential
Capacity pooling and regional cooperation
The urgent need for localized CAT modelling and risk mitigation strategies
With Central Asia rapidly emerging as a strategic growth hub, this session highlights the role of international partnerships in building financial resilience and sustainable risk frameworks.
We are proud to represent Uzbekistan’s insurance sector on this global stage.
Strengthening Market Transparency through Global Insights
Today, the Board of Directors of the Association of Insurers of Uzbekistan had the honor of meeting with Mr. Lef Dorf, Assistant Vice-President / Analyst at Moody’s Ratings, in a session hosted by the Chairman of the Association and CEO of Mosaic Insurance Group, Mr. Oybek Khalilov.
This insightful exchange provided a deep dive into Moody’s methodology for assessing and rating insurance companies, shedding light on key criteria and expectations from a global perspective. Mr. Dorf’s presentation emphasized the importance of governance, capital adequacy, risk management, and market positioning in determining creditworthiness and long-term stability.
As the insurance industry in Uzbekistan continues to evolve, dialogues like these are critical to aligning with international standards and fostering greater investor confidence.
We extend our sincere gratitude to Mr. Dorf and Moody’s Ratings for their openness and to all board members who actively contributed to this productive meeting.
The countdown is on!
Mosaic Insurance Group is excited to be part of the Dubai World Insurance Congress (DWIC) 2025, taking place from April 28–30 at the iconic Atlantis, The Palm.
With just a few weeks to go, we’re looking forward to engaging discussions and strategic networking with global insurance and reinsurance leaders.
Meet our great team on the ground –
Oybek Nosirovich Khalilov, CEO Mosaic Insurance Group
Miraziz Khidoyatov, Deputy General Director
Asal Temirkhodjaeva, Commercial and Consumer Lines Director
Шерзод Джаббергенов, Commercial Lines Manager
Let’s connect and explore new opportunities to collaborate and create value together.
Reach out to schedule a meeting. See you in Dubai!