On insurance activities (LRU-730-son) · Date: 23.11.2021 · In force
A reinsurance broker shall be defined as a legal entity that carries out activities to organize the conclusion and execution of a reinsurance contract in its name and on behalf of the insurer acting under the reinsurance contract as an insurant.
The reinsurance broker shall not have the right to hold a share in the charter fund (charter capital) of the insurer.
The reinsurance broker shall provide services on the basis of an agreement concluded between it and the insurant.
Source of the text
National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/6124730
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Cite as: Article 16. Reinsurance Broker On insurance activities (LRU-730-son). neolex.uz/en/laws/law-5739120/16 (lex.uz/docs/6124730)
