Bank Of Baku

Licence of insurance broker company abolished in Azerbaijan

Licence of insurance broker company abolished in Azerbaijan
# 26 May 2011 15:52 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. On May 24, Ministry of Finance has abolished the licence of AON Azeri Insurance and Reinsurance Broker Company LLC (at present East-West Insurance Company).

According to State Insurance Supervision Service, the reason of abolishment was that the company did not eliminate the shortcomings in defined period.
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