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Central Bank of Azerbaijan suspends licenses of numerous insurance agents

Economy Materials 2 June 2022 19:07 (UTC +04:00)
Central Bank of Azerbaijan suspends licenses of numerous insurance agents
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 2. The Central Bank of Azerbaijan (CBA) has suspended the licenses of 82 insurance agents for three months, Trend reports citing the CBA.

Insurance producers have temporarily lost their licenses for failing to provide corresponding reports in accordance with Article 107.1.2 of the Law of the Republic of Azerbaijan 'On insurance activity'.

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