Central Bank revokes licenses of 29 insurance agents


October 7, Fineko/abc.az. The Central Bank of Azerbaijan has revoked licenses of 29 individuals for activity as insurance agents.

ABC.AZ reports that a decision was made on 5 October in accordance with the Law on Insurance Activity.

The license of one of the agents was revoked on the basis of a voluntary appeal and 28 agents on the grounds that they did not eliminate the circumstances that served as the basis for the suspension of their activities within the prescribed period.