On 2 October the senior management of UzbekInvest Hayot (life insurance) Subsidiary Company met with the Account Executive of the Munich Re Life Reinsurance Eastern Europe/Central Asia (Munich Re Life E.E.C.A.) Pavel Krasnov, UzReport.com reported.

Munich Re Life E.E.C.A. is a subsidiary of the Munich Re, the world’s second largest reinsurance company with over 5,000 customers in 160 countries. The Group provides both direct insurance and reinsurance services to clients in Europe, Asia, North and South America, Africa and Australia.

During the meeting, the parties discussed potential cooperation within the frame of reinsurance of the OzbekInvest Hayot’s life insurance risks. In this context, they reviewed the draft reinsurance agreement proposed for signing, and discussed its main provisions and terms.

Among other issues raised during the meeting were the improvement of staff qualifications, and participation of the OzbekInvest Hayot’s specialists in the seminars and trainings organized by Munich Reinsurance Group.