Bank of Russia revoked licenses from 102 insurers 2015

Business & Economy December 26, 2015, 1:38

Seventy six licenses were recalled from insurance organizations, 24 from insurance brokers and two from mutual insurance societies

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.

Read more on the site →