Information on revoked insurance licenses

18-07-2023

14 July 2023, Baku:  Taking into account that the situation that led to the suspension of the licenses twice within a period of 12 months is renewed within 9 months from the date of the last suspension, the Management Board of the Central Bank of the Republic of Azerbaijan by its decision of 12 July 2023 revoked the insurance agent licenses issued to 4 (four) individuals (the list is attached) according to Article 107.1.3 of the Law of the Republic of Azerbaijan “On Insurance Activity”.

LIST

of licenses revoked according to Article 107.1.3 of the Law of the Republic of Azerbaijan “On Insurance Activity”