White crane (regional insurance company)
Russia
Far Eastern Federal District of the Russian Federation
Siberian Federal District of the Russian Federation
Yakutsk
2019: Revocation of license
In October, 2019 the Central Bank of Russia revoked the license for implementation of insurance from Sterkh company. It is reported on the regulator website.
In the message it is told that the decision on revocation of license is connected with violation of an order of investment of means of insurance reserves by the company, violation more than for 20% of minimum permissible value of a normative ratio of the capital and the assumed obligations, rules of formation of insurance reserves and also with repeated violation of requirements of the insurance legislation.
With respect thereto the Sterkh company is obliged to stop implementation of an insurance activity.
As it appears from information on the website of the company, at the time of revocation of license White crane has 29 branches in Yakutia. Its main office is in the capital of the republic Yakutsk.
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