Baku/14.03.22/Turan: In 2021 the Central Bank of Azerbaijan issued a license to 1 insurance company ("Mega Life Insurance") and cancelled a license of 1 insurance company ("Ravan Insurance"). This is stated in the report on the activities of the government for the last year.Thus, the number of licensed insurance companies in the country remained unchanged at 20.In the reviewed period the only reinsurance company of the country, "AzRe Repertigorta...

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