The statement of the ministry said that the license of insurance company Ark Sug’urta LLC was withdrawn.

Economic Court of Tashkent city adopted decision on 2 May 2014 on abolishing license of Ark Sug’urta LLC No. 00179, issued from 21 June 2013.

Insurance company Ark Sug‘urta LLC was founded on 27 October 2004. The company worked in general insurance market. In March 2014, the Ministry of Finance suspended the license of the company for 10 days.

Currently, there are 34 organizations, working in insurance market of Uzbekistan. Four of them are insurance brokers.