& nbsp & nbspInsider & nbsp; & nbsp;
In a publication in the Official Gazette of the Republic of the decision for & nbsp; revocation & nbsp; of the license for insurance and reinsurance operations of Hermes Insurance Ltd, proceeded the Deputy Superintendent of Insurance Tonia Tsangari.
< The revocation was made on the basis of the provisions of article 151 (1) (c) of the Law for breach of the obligation of the insurance company to submit information that is necessary for supervisory purposes
The specific insurance company, although active in Cyprus with offices in Nicosia & nbsp; has not been a member of the Association of Insurance Companies for the last 42 years.
Source: www.philenews.com
