2 insurance brokers returned to market in Azerbaijan

The Central Bank of Azerbaijan (CBA) has restored in force the licences of insurance broker issued to 1 physical entity and insurance agent issued to 1 physical entity. This is reported by the CBA. The decision was adopted on 31 January in accord with the 'Law on Insurance Activities', the report said. The reason is that insurance brokers are aimed at eliminating circumstances that give grounds for suspension of licences....

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