16:11 - 26.09.2024

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September 26, Fineko/abc.az. The Central Bank has limited the validity period of the license of Bakı Sığorta OJSC.

ABC.AZ reports that according to the Central Bank, in accordance with Article 105.1.1 of the Law on Insurance Activity, on the basis of a voluntary application of the company, the validity period of the license is limited by canceling permits issued for these types of "Compulsory insurance of civil liability of vehicle owners", "Compulsory insurance of immovable property" and "Compulsory insurance of civil liability in connection with the use of immovable property".