Chairman of the Association of Insurers of Azerbaijan Mustafa Abbasbeyli noted that it was necessary to seriously combat such types of law violations and prevent illegal discounts on the part of insurance agents. In this regard, it was decided to form a monitoring group on this issue with the support of the Chamber for Financial Markets Supervision and the participation of insurance companies’ representatives. It was noted that in cases of high commissions paid by the companies, appropriate measures would be taken to impose sanctions on these companies.
