AZERBAIJAN: GUNAY Sigorta returned to the Azeri insurance market

12 June 2014 — Vlad BOLDIJAR
gunay_sigortaAzerbaijan's Ministry of Finances has renewed the license of GUNAY Sigorta insurance company, after the company brought its total capital to the minimum level required by the insurance legislation (AZN 5 million), announced abc.az.

The license of GUNAY Sigorta, issued on August 14, 2008, was withdrawn by the Ministry of Finances on February 24, 2014 due to the non-compliance of the company's total capital with the minimum requirements.

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