Tashkent, Uzbekistan (UzDaily.com) -- The National Agency for Prospective Projects canceled the license of the insurance company New Life Sug’urta. 

The National Agency for Prospective Projects decided to revoke the license on 21 May.

New Life Sug’urta received a license on 15 February 2022 to carry out insurance activities in the field of life insurance in classes I, II, III and IV and in the field of general insurance in classes 1 and 2 in voluntary and compulsory forms.

This license was revoked as of 22 May 2024, the Agency notes.

New Life Sug’urta, at the same time, is obliged to fulfill, in the prescribed manner, obligations under previously concluded insurance and reinsurance contracts.