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Finance 06/05/2016 GROSS INSURANCE enters to mandatory insurance market
GROSS INSURANCE enters to mandatory insurance market
Tashkent, Uzbekistan (UzDaily.com) -- GROSS INSURANCE entered to mandatory insurance market. The company said that the Ministry of Finance of Uzbekistan issued a license, which allows it to carry out mandatory insurance services.

GROSS INSURANCE will allow to sell insurance services on mandatory insurance of civil liability of vehicle owners, mandatory insurance of civil liabilities of workers, mandatory insurance of civil liability of transporters.

Insurance company GROSS INSURANCE was founded in November 2011. In the first quarter of 2016, the company held the fourth place on the size of the charter capital in Uzbekistan. The company also held the seventh place on the volume of collected insurance premiums.

GROSS INSURANCE currently is the only non-governmental insurance company, which has right to carry out re-insurance activities. Uzbekinvest, Uzagrosugurta and Insurance company Kafolat are also conduct re-insurance activities in Uzbekistan, but all of them has the state share in their charter capital.

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