Information on revoked insurance licenses

30-12-2023

30.12.2023, 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 20 December 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of individual insurance agents whose licenses have been revoked in accordance with Article 107.1.3 of the Law of the Republic of Azerbaijan “On Insurance Activity”