UZBEKISTAN: a new insurer SHARQ-SUG'URTA on the market

7 January 2021 — Marina MAGNAVAL
New insurer, SHARQ-SUG'URTA, entered the insurance market of Uzbekistan, UzReport informed on 28 December.

On December 25, 2020, in accordance with the order of the Agency for Development of the Insurance Market under the Ministry of Finance, the company has issued a license to perform voluntary insurance in 17 classes of non-life insurance and reinsurance. Charter capital of SHARQ-SUG'URTA amounted to UZS 35 billion (~EUR 2.72 million*).

* at the following exchange rate:

1 EUR = 12835.61 UZS (25.12.2020)

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