Tashkent, Uzbekistan (UzDaily.com) -- The National Agency for Prospective Projects (NAPP) canceled the license of the insurance company Sharq-Sug’urta. The agency’s press service reports this.

NAPP decided to cancel the license of Sharq-Sug’urta JSC on 30 October 2023. The license has been revoked from 31 October 2023.

In accordance with the license, Sharq-Sug’urta carried out insurance activities in the field of general insurance in classes 1, 2, 3, 5, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16 and 17 in voluntary and mandatory form.

NAPP notes that the Sharq-Sug’Urta is obliged, in the prescribed manner, to fulfill its obligations under previously concluded insurance (reinsurance) contracts.