2 more insurance agents suspended from market in Azerbaijan

The Central Bank of Azerbaijan has cancelled licences of insurance agents issued to 2 more physical entities.This is reported on the CBA website. This decision was adopted on 27 November in accord with the Law ‘On Insurance Activity’, the report says. The licences were cancelled in view of the fact that the circumstances that served as a basis for their suspension were not eliminated in due time. At present, 421 physical and 55...

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