The Central Bank of Azerbaijan (CBA) has revoked the licenses of 118 insurance brokers. This is reported on the CBA's website. The report says that insurance agents and brokers must report to the CBA 20 days after the end of each quarter. However, 21 legal and 155 physical entities licensed as an insurance agent, as well as 8 individuals licensed as an insurance broker, did not submit a report to the regulator for the first quarter of 2...

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