The Bank of Russia has revoked the licenses of insurance companies “Vector” and “Maximus” – RBK

10:06

the Bank of Russia has revoked the licenses of insurance companies “Vector” and “Maximus”

Russia’s Central Bank on Friday, 27 January, revoked the license of insurance company “the Vector” and insurance company “Maximus”. This was reported on the website of the Central Bank of Russia.

the License of the company “Vektor” was withdrawn due to the fact that the company failed to correct violations of insurance legislation. The company did not meet the requirements of financial stability and was insolvent in the formation of insurance reserves. In addition, it did not comply with the requirements of “order and conditions of investment of own means and means of insurance reserves”.

By order of the Central Bank, “Vector” needs to cease insurance activity, but to fulfill its obligations under contracts with its clients and to carry out insurance payment at occurrence of insurance cases.

to compensate customers of “Vector” will be paid from the funds of professional associations of insurers or “other organizations”.

the License of the insurance company “Maximus” was withdrawn due to the fact that she has during the year not provided in the Central Bank reporting on their activities.

the Insurance company “Vector”, according to the site Kartoteka.ru based in the Moscow region. Medical insurance company “Maximus” is located in the city of Rostov-on-don, she worked in the Rostov region, the Volgograd region, the Republic of Crimea and the Republic of Dagestan, according to the website of the company.