The Presidential Administration of Kyrgyzstan has become the sole owner of the State Insurance Organization, a joint-stock company. This follows the acquisition of 100% of the company’s common shares. The information was disclosed through filings on the Kyrgyz Stock Exchange. This move consolidates state control over the insurance sector. No financial details regarding the acquisition were immediately released. The State Insurance Organization is a key player in the Kyrgyz insurance market. This acquisition signifies a strategic shift in the management of state assets by the Kyrgyz government.