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Alfa Sigortaâ€™s license expired

Alfa Sigortaâ€™s license expired

13 February 2013 15:17 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. The license of Alfa Sigorta is invalid since February 8, 2013, because the Company did not apply to the Ministry of Finance for obtaining unlimited license related with expiration of former license, said the Ministry of Finance.

It’s noted that an official instruction was given to the company about conforming to the rules of insurance legislation on suspension of insurance and reinsurance operations. The appeal of the company on obtaining of unlimited license is reviewed in accordance with the legislation.

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