AtaSigorta’s license for reinsuring operation suspended

Finance
  • 20 December, 2018
  • 07:05
AtaSigorta’s license for reinsuring operation suspended

Baku. 20 December. REPORT.AZ/ The Financial Markets Supervisory Authority (FIMSA) suspended the license of AtaSigorta for reinsuring operation.

According to FIMSA, the license was terminated for five years over lower-than-demanded regulatory capital.