1 May 2019 11:55 (UTC+04:00)
1 107
By Trend
The Financial Market Supervisory Authority of Azerbaijan (FIMSA) has lifted restrictions on the license of Ateshgah Insurance Company for compulsory civil liability insurance for vehicle owners, Trend reports referring to the insurance company on April 30.
FIMSA restricted Ateshgah Insurance Company’s license on April 12. The decision was made because the insurance company violated the law "On insurance activity" when concluding contracts on compulsory civil liability insurance for vehicle owners.
Ateshgah Insurance Company has been operating in Azerbaijan since 1996.
---
Follow us on Twitter @AzerNewsAz
Related News
Structural changes underway in Azerbaijani Central Bank
.jpg)
Structural changes made in Azerbaijani Central Bank
Azerbaijani Banks to increase business lending
Moody’s positively evaluates financial reforms in Azerbaijan
Total assets of all Azerbaijani banks exceed $17bn
