AtaSigorta’s license for reinsuring operation suspended

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.
Finance
December 20, 2018 11:05
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. 

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