"Your Insurance Broker" returned to market
"Your Insurance Broker" returned to market
The Central Bank of Azerbaijan has restored in force the licences issued to 6 physical and 1 legal entities (insurance broker "Your Insurance Broker"). This is reported on the website of the regulator.
The report says that the decision was adopted on 27 May, in accordance with the Law "On Insurance Activities". The reason is that the insurance brokers remove circumstances that give grounds for suspension of the licence.
Note that "Your Insurance Broker" was suspended from the market in April.
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- Finance
- 30 May 2024 15:25
Finance
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The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure.
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If 2 years ago a share of local revenues in the budget of the Nakhchivan Autonomous Republic was 20-25%, by this year's end a share of local revenues will exceed 50%.
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The Central Bank of Azerbaijan (CBA) has given binding instructions to 'Azsığorta', 'Atəşgah Insurance', 'İpək Yolu Insurance', 'Xalq Həyat Insurance', 'Aqrar Insurance' and 'AzRe Təkrarsığorta'. This is reported on the CBA website.
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The NBCO 'Para will hold a regular general meeting of shareholders on 4 February at 11:00.
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