By Trend Central Bank of Azerbaijan (CBA) annulled the licenses of 28individuals to operate as insurance agents, Trend reports citing CBA. According to the CBA, the licenses were canceled due to the factthat the insurance agents did not eliminate the circumstances thatserved as the basis for the suspension of the licenses within theprescribed period in accordance with Article 107.1.2 of the Law ofthe Republic of Azerbaijan ‘On Insurance Activities’. — Follow us on Twitter @AzerNewsAz