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Important Aspects Of International Cooperation Were Discussed

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Important aspects of international cooperation were discussed

A meeting with representatives of reinsurance companies Europa Re and Swiss Re was held at the Uzagrosugurta Joint Stock Company.

The event was attended by a representative of Swiss Re insurance company Esther Baur Reinecke, Project Manager of Europa re reinsurance company Nadica Jovanovska Boshkovska, Deputy Chairman of the Board of Uzagrosstrakh JSC, Director of the Department of Transformation, Innovation and Insurance, as well as the Department of Finance, Manager of the Department of Reinsurance and International Relations.

During the meeting, the parties exchanged views on insurance products implemented by the International InsuResilience Solutions Fund (ISF) to protect against climate risks in the cultivation of horticultural and vegetable products in our country, issues of their financing, as well as the tasks that need to be implemented by reinsurance companies in this process.

As already noted, insurance of horticulture and vegetable growing is currently one of the most important areas of ensuring food security in the world community. The close cooperation of insurance companies takes the development of this industry to a new level.

During the meeting, the parties discussed the tasks that need to be implemented within the framework of the horticulture and vegetable growing insurance program when introducing insurance products that will initially be tested in the Ferghana, Namangan and Andijan regions, as well as important aspects of further expanding the range of insurance products.

It should be recalled that the International InsuResilience Solutions Fund (ISF) finances the horticulture and vegetable growing insurance program in Uzbekistan. In this process, the world's leading reinsurance companies Europa Re and Swiss Re cooperate with JSC Uzagrosugurta, which is one of two domestic insurance companies.

 

JSC “Uzagrosugurta”
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