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Kyrgyzstan to oblige markets sellers to insure property

«There is a discussion about obliging to insure property in the markets,» Rustambek Tagaev, head of the Voluntary Insurance Department of the State Insurance Organization of Kyrgyzstan, said at a press conference today.

According to him, representatives of the SIO are members of the commission to study the causes of fires and other incidents in the markets. But fire insurance is a voluntary type of insurance, so often entrepreneurs do not hurry to take advantage of this opportunity.

«The property in the markets in Bishkek and Jalal-Abad, which suffered from fires, was not insured. Several cafes in Asanbay mictrodistrict, which burned down last year, were also not insured. Often entrepreneurs go to insure property to us or to private companies only after such cases,» Rustambek Tagaev told.

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