O'zbekinvest Hayot, Korean Reinsurance Company hold negotiations
14/08/2012 15:07
O'zbekinvest Hayot, Korean Reinsurance Company hold negotiations
14/08/2012 15:07
Tashkent, Uzbekistan (UzDaily.com) -- Uzbek insurance company O'zbekinvest Hayot and South Korean reinsurance company Korean Reinsurance Company discussed issues of cooperation, the press service of the company said.
In modern stage of development of insurance market, it is important to expand cooperation with leading foreign and international reinsurance and brokerage companies. In this connection, O'zbekinvest Hayot held negations with representatives of Reinsurance Company.
The sides discussed issues of possible directions of partnership, advantages of the market of Uzbekistan and its potential, introduction of international experience to local insurance companies.
Kyoung Sub Lim, representative of Korean company, said that Korean Reinsurance Company, which is one well-known player in international insurance market, has long experience of work with insurers of Central Asian region. He said that it is important Korean company to establish ties with Uzbekistan and develop its partnership relations.
Currently, the sides agreed to develop issues on further cooperation between two companies and met in October 2012.
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