Information on revoked insurance licenses

06-09-2023

06.09.2023, Baku – The Management Board of the Central Bank of the Republic of Azerbaijan with its decision of 30 August 2023 revoked the insurance license No 088992 dated 29 February 2016 issued for the ‘Progress-Sığorta Agentliyi’ Limited Liability Company according to Article 107.1.2 of the Law of the Republic of Azerbaijan on Insurance Activity since the circumstances that led to the suspension of the license were not eliminated within the deadline.