Yerevan, August 1 /Mediamax/. he Board of the Central Bank (CB) of Armenia approved a number of orders concerning insurance activities.

As Mediamax was told in the CB press service, at the session of the Board under the chairmanship of the CB head Tigran Sarkisian, the following orders were approved in particular:

The order of “Licensing people, who exercise insurance activities, registering branches, receiving preliminary agreement for bargaining shares and stocks in the authorized capital stocks of companies, which exercise insurance activities”;

The order of “Examination of the professional qualification of the directors, actuaries and agents, who exercise insurance activities”;

The order of “Presentation of a three-year program of the insurer’s activities”;

The list of “Topics for checks of the qualifications of the directors exercising insurance activities, as well as the candidates for being agents”.