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Central Bank of UAE Revokes Licence of Al Khazna Insurance Company

Summary by Zawya
This is due to Al Khazna's failure to meet the licencing requirements necessary to conduct insurance business during the period of suspension of its licence
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The Financial Superintendence of Colombia sanctioned the Banco de Bogotá with a fine of COP$150 million after finding deficiencies in the process of obtaining and guarding the declarations of insurability required to link clients to life insurance debtor group. SEE MORE: Alert for regulatory change that enlists Superfinancial and that touches banksThrough a resolution known to Bloomberg Línea the entity decided “to impose a fine on Banco de Bogo…

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Bloomberg Linea broke the news in on Thursday, July 10, 2025.
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