On suspending insurance licence

The Bank of Russia suspended the insurance licence issued to Insurance Company Artex, limited liability company (registration number in the unified state register of insurance agents 2174).

The decision is taken due to the insurance company’s failure to timely execute Bank of Russia instructions and becomes effective from the day it is published in the Bank of Russia Bulletin.

Suspended licence of the insurance agent shall mean a prohibition on entering into insurance contracts, and also on amending respective contracts resulting in increase in the obligations of the insurance agent. The insurance agent shall accept applications on the occurrence of insured events and perform obligations.

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03.04.2015 00.00.00