Limited activity of Azerbaijan`s only state-run insurer


May 17, Fineko/ The Financial Market Supervision Authority (FIMSA) has limited the license of the only state commercial insurance company -AzerSigorta.

The Authority reports that Company's license is limited from 17 May, until the elimination of the identified shortcomings.

The license of the company is restricted due to shortcomings in the provision of services on compulsory insurance of motor vehicle owner’s civil liability.