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Bank of Russia revoked licenses from 102 insurers 2015

December 26, 2015, 1:38 UTC+3 MOSCOW
Seventy six licenses were recalled from insurance organizations, 24 from insurance brokers and two from mutual insurance societies
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MOSCOW, December 26. /TASS/. Bank of Russia in 2015 revoked licenses from 102 insurance companies.

"Seventy six licenses were recalled from insurance organizations, 24 from insurance brokers and two from mutual insurance societies; and 57 insurers are under temporary administration," the Bank of Russia’s press service has said on Friday.

There are 338 insurance companies listed in the unified state register.

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