of November 27, 2002 No. 413
About measures for further market development of insurance services
According to the Law of the Republic of Uzbekistan "About insurance activity" and the Presidential decree of the Republic of Uzbekistan of January 31, 2002 No. UP-3022 "About Measures for Further Liberalization and Development of the Insurance Market" and for the purpose of stimulation of development of insurance system, strengthening of material and technical resources and financial stability of insurers, decides expansions of their regional representative office and increase in trust of the population to the Cabinet of Ministers insurance companies:
1. Ceased to be valid
2. Ceased to be valid
3. Determine the Ministry of Finance of the Republic of Uzbekistan specially authorized state body exercising regulation and supervision of insurance activity.
4. Ceased to be valid according to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of 21.02.2022 No. 80
5. Determine the norm of annual expenses for legal entities on voluntary types of insurance in the amount of two percent from annual total revenue from sales of products (works, services).
To the Ministry of Finance and the State Tax Committee of the Republic of Uzbekistan to make corresponding changes to departmental regulations.
6. Recognize invalid some decisions of the Government of the Republic of Uzbekistan according to appendix No. 2.
Make changes and additions to some decisions of the Government of the Republic of Uzbekistan according to appendix No. 3.
7. To impose control over the implementation of this resolution on the Deputy prime minister of the Republic of Uzbekistan Azimov R. S.
Chairman of the Cabinet of Ministers
I. Karimov
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