Bakı Sığorta has been excluded from the list of insurance companies-members of the Compulsory Insurance Bureau (ISB), ABC.AZ writes with reference to the ISB.

Thus, the number of non-life insurance companies, non-members of the Bureau, has decreased from 10 to 9, and the total number of market participants has decreased from 15 to 14.

On September 26, based on the voluntary application of the insurance company, its license was limited by canceling permits for the types of “compulsory insurance of civil liability of vehicle owners”, “compulsory insurance of real estate” and “compulsory insurance of civil liability for the operation of real estate”, the source added.