Recently, an advisory meeting was held at the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, involving key insurers and government regulators. The meeting saw participation from representatives of the Kyrgyz Association of Insurers, the Ministry of Economy and Commerce of the Kyrgyz Republic, the Ministry of Finance of the Kyrgyz Republic, and the Antimonopoly Regulation Service.

The discussion focused on the main provisions of the President of the Kyrgyz Republic’s Decree and the directives of the Cabinet of Ministers aimed at developing the insurance market. Particular attention was given to issues related to eliminating potential competition restrictions and ensuring consumers' freedom to choose insurers.

The Kyrgyz Association of Insurers is actively engaging with market participants, including the State Insurance Organization, to address current issues through constructive dialogue. The Secretariat of the Investment Council is currently finalizing the review of the discussed proposals.

We express our gratitude to all participants for their active involvement and contributions to the successful conduct of the advisory meeting, which served as a platform for significant discussions and establishing effective dialogue between the government and the business community to coordinate further steps to improve the investment climate in the insurance sector.