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Azerbaijan central bank issues binding orders to two insurers

Azerbaijan central bank issues binding orders to two insurers
15.07.2025 18:00

The Central Bank of Azerbaijan has issued binding instructions to Atəşgah Sığorta and Meqa Sığorta, citing regulatory violations, the bank said on Monday.

According to the statement, monitoring revealed that both insurers failed to sign civil-law contracts with independent experts, as required under Article 102 of the Law on Insurance Activity.

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