The Central Bank of Azerbaijan has suspended licences issued to 32 insurance agents and 2 insurance brokers for 3 months. This is reported on the CBA website. This decision was adopted on 11 March in keeping with the "Law on Insurance Activity", the report says. The licences were suspended due to the absence of an appropriate report. At present, 441 physical entities in the country have an insurance agent's licence, while 7 ph...

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