The opportunity to purchase up to 100% of the equity of the first and only reinsurance company in UzbekistanThe Business
This group of insurance and reinsurance companies (the Company) has been operating on Uzbekistan since 1996 and it has the first and the only reinsurance company in Uzbekistan and Central Asia. Turnover of the Company in 2008 exceeded USD 1m, and profit after tax for the same period was about USD 750k. By the end of 2009, authorized capital will amount up to EUR 4 million (USD 5.2 million).
Market
Thirteen years of effective and professional management of the Company has created the following competitive advantages:
- Worldwide respected reputation.
- Two dynamically developing companies in Uzbekistan; an investment company and an insurance company.
- A broad and effective portfolio of clients, brokers and agents including Lloyds, Willis.
- Prospects from investment projects in Uzbekistan including a business center in Tashkent.
Owners of the Company will consider the sale of:
- 50% of equity plus one vote;
- 75% of equity plus one vote;
- 100% of equity.
Sector: InsuranceSegment: ReinsuranceRegion: UzbekistanFinancing Size: $20m to $50mContact: Ravshan Ishnazarov
Company: YulDash Ltd.Telephone: +99897 719 57 83Email: [email protected]