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Kommesk-Omir is switching from general insurance to life insurance

At extraordinary general meeting, the shareholders of the insurance company Kommesk-Omir decided to change the insurance activity from “general insurance” to “life insurance” industry. This was reported by the business information center Kapital.kz with reference to Kazakhstan Stock Exchange (KASE).
Kommesk-Omir is switching from general insurance to life insurance

“It was decided to change the company’s name to JSC Life Insurance Company Kommesk-Omir, as well as give preliminary consent to the merger of JSC Life Insurance Company Centras Kommesk Life with JSC Life Insurance Company Kommesk-Omir”, reported on the KASE website.

At the general shareholders meeting, the decision to transfer the insurance portfolio on compulsory insurance of an employee against accidents in the performance of his labor duties was also approved. “The Action Plan for the transfer of this insurance portfolio by January 1, 2023 was approved,” the document specifies.

The company's shareholders authorized the board of directors to make a decision “on choosing the insurer-purchaser to whom the insurance portfolio is to be transferred,” the KASE report says.

Photos are from open sources.

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