11:24 - 4.10.2024

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October 4, Fineko/abc.az. Domesic insurer Bakı Sığorta has been excluded from the list of Compulsory Insurance Bureau participant insurance companies.

ABC.AZ reports, referring to the CIB, that the number of non–life insurance companies, not participating in the Bureau, decreased from 10 to 9, and the total number of participants from 15 to 14.

On September 26, on the basis of a voluntary application from the insurer, its license was limited in force by canceling permits for such type sof insurance as compulsory insurance of civil liability of motor vehicle owner, compulsory insurance of real estate and compulsory insurance of civil liability for operation of real estate.