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Finance 11/01/2016 Uzbek Finance Ministry issues licenses to five insurers
Uzbek Finance Ministry issues licenses to five insurers
Tashkent, Uzbekistan (UzDaily.com) -- Ministry of Finance of Uzbekistan issued licenses for conducting insurance activity on separate classes of general insurance to five insurance companies.

In particular, Kapital Sug`urta received a license to carry out insurance on voluntary and mandatory insurance on 12 classes. The company can carry out insurance activities on 14 classes (except classes 4, 6 and 17).

The Finance Ministry issued a license to Asia Inshurans to carry out insurance activities on classes 4, 6, 12 and 17. Now Asia Inshurans has right to carry out insurance activities in all 17 classes of voluntary and mandatory insurance.

Universal Sug`urta also received a license to carry out mandatory and voluntary insurance on classes 12, 15 and 17. The company has right to carry out mandatory and voluntary insurance on 16 classes (except class 6).

Uzbek Finance Ministry also provided a license to Alskom on class 12. The company now possess right to provide voluntary and mandatory insurance services on 13 classes, except classed 4, 6, 15 and 17.

Alfa Invest received a license for mandatory insurance on class 12. Alfa Invest is allowed to carry out voluntary and mandatory insurance in general insurance on 14 classes and voluntary insurance on three classes, including 4, 6 and 17.

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