12:08 - 11.07.2023

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July 11, Fineko/abc.az. The Central Bank of Azerbaijan has cancelled licenses for activity of insurance mediators to 9 insurance agents, 8 of which are individuals and 1 is a legal entity (Otokoç Azərbaycan LLC), ABC.AZ reports with reference to the CBA.

According to the CBA, the relevant decision was made on July 5 in accordance with the Law on Insurance Activity. Under the decision, licenses were cancelled on the basis of voluntary applications.