On revocation of insurance broker licence

By its Order No. OD-3133, dated 11 November 2015, the Bank of Russia revoked the insurance broker licence issued to Insurance Broker SAV Group, limited liability company (registration number in the unified state register of insurance agents is 4201).

This decision is taken due to the company’s failure to eliminate violations of the insurance legislation which served as a ground for suspension of the insurance broker licence, i.e., failure to comply with Bank of Russia instructions. The decision becomes effective the day it is published in the Bank of Russia Bulletin.

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11.11.2015 00.00.00