All articles of the law: On insurance activities (LRU-730-son)

Laws › On insurance activities (LRU-730-son)

On insurance activities (LRU-730-son)

Date: 23.11.2021 · In force · 72 articles

Open in the reader Original on lex.uz

Article 1. Purpose and Scope of Application of this Law
Article 2. Legislation on Insurance Activities
Article 3. Basic Concepts
Article 4. Insurance Activities of Non-residents in the Territory of the Republic of Uzbekistan
Article 5. Cross-border Insurance and Reinsurance
Article 6. Sectors and Types (Classes) of Insurance
Article 7. Forms of Insurance
Article 8. Reinsurance Activities of the Insurer
Article 9. Coinsurance Activities
Article 10. Insurance (Reinsurance) Pools
Article 11. Objects of Insurance
Article 12. Subjects of Insurance Activities

Article 13. Insurer

Article 14. Rights and Obligations of the Insurer

Article 15. Insurance Broker

Article 16. Reinsurance Broker

Article 17. Rights and Obligations of Insurance and Reinsurance Brokers

Article 18. Insurance Agent

Article 19. Rights and Obligations of the Insurance Agent

Article 20. Adjuster

Article 21. Rights and Obligations of the Adjuster

Article 22. Actuarial Organization and Actuary

Article 23. Rights and Obligations of the Actuarial Organization

Article 24. Insurance Surveyor

Article 25. Rights and Obligations of the Insurance Surveyor

Article 26. Assistance

Article 27. Rights and Obligations of the Assistance

Article 28. Associations of Professional Participants of the Insurance Market

Article 29. Insurance Contract

Article 30. Insurance Rules

Article 31. Special Aspects of Exchange of Information in Electronic Form between the Insurant and the Insurer

Article 32. Parties to the Insurance Contract

Article 33. Insurance Premium

Article 34. Payment of Insurance Indemnity (Insurance Benefit)

Article 35. General Requirements

Article 36. Qualification Requirements for the Head and Chief Accountant of the Insurer (Reinsurer) and the Insurance Broker

Article 37. Qualification Requirements for the Head and Chief Accountant of the Separate Subdivision of the Insurer (Reinsurer) and the Insu

Article 38. Additional Requirements for the Head and Chief Accountant of the Insurer (Reinsurer), the Insurance Broker and their Separate Su

Article 39. Establishment and State Registration of Professional Participants of the Insurance Market

Article 40. Charter Fund (Charter Capital) of Insurers (Reinsurers)

Article 41. Requirements for the Company Name of Insurers (Reinsurers) and Insurance Brokers

Article 42. Licensing of Insurance Activities

Article 43. Special Aspects of Suspension of the License of the Insurer (Reinsurer)

Article 44. Special Aspects of Termination of the License of the Insurer (Reinsurer)

Article 45. Special Aspects of Reorganization of Insurers (Reinsurers)

Article 46. Priority of Claims of the Liquidated Insurer's Creditors

Article 47. Authorized State Body

Article 48. Compliance by Insurers (Reinsurers) with Prudential Standards

Article 49. Insurance Reserves of Insurers (Reinsurers)

Article 50. Guarantees of the Rights and Legitimate Interests of Insurers (Reinsurers)

Article 51. Requirements for Internal Control and Risk Management System

Article 52. Prevention of Monopolistic Activities

Article 53. Application of Measures and Sanctions

Article 54. Gross Violation

Article 55. Guarantees of Solvency of Insurers (Reinsurers)

Article 56. Actuarial Opinion

Article 57. Coefficients Representing Unprofitability

Article 58. Publication of Financial Statements

Article 59. Special Aspects of Accounting

Article 60. Storing Documentation on Insurance Activities

Article 61. Right to Receive Information

Article 62. Insurance Secrecy

Article 63. Protection of the Rights and Legitimate Interests of Consumers of Insurance Services

Article 64. Measures to Protect the Rights of Consumers of Services Provided by Professional Participants of the Insurance Market

Article 65. Dispute Resolution

Article 66. Appeal against the Decision of the Authorized State Body

Article 67. Insurance of Foreign Citizens, Stateless Persons and Foreign Legal Entities in the Territory of the Republic of Uzbekistan

Article 68. Responsibility for Violation of the Legislation on Insurance Activities

Article 69. Repeal of Certain Legislative Acts of the Republic of Uzbekistan

Article 70. Ensuring Execution, Communication, Explanation of Essence and Meaning of this Law

Article 71. Bringing the Legislation in Line with this Law

Article 72. Entry into Force of this Law

Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz

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