NAPP abolishes the license of the insurance company Asko-Vostok

Anvar Umarov · 17:06, 04.11.2023 · Updated 20:13 · 820 views

Tashkent, Uzbekistan (UzDaily.uz) -- The National Agency for Prospective Projects (NAPP) canceled the license of the insurance company Asko-Vostok. This is stated in the statement of the NAPP.

NAPP decided to cancel the Asko-Vostok license on 2 November 2023. The license has been revoked from 3 November 2023.

Asko-Vostok 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 a voluntary form.

NAPP notes that JSC JV SO Asko-Vostok is obliged to fulfill, in the prescribed manner, its obligations under previously concluded insurance (reinsurance) contracts.

Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.