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Monday, October 24, 2016

Four insurance companies lost the license of the Central Bank

The Central Bank of Russia revoked the license to conduct insurance activities in four companies, according to the website of the regulator. Insurance company “Twenty-first century” and “arms Territory” have lost their licenses due to the failure to carry out the activities provided for them, and the first revoked the license of only one of the activities – the insurance of liability of owner of dangerous object for injury in an accident. “Invest-reserve” and “Gefest” has not eliminated the infringements of the insurance legislation within the prescribed period by the regulator.

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