2012-06-04
The Board of the Bank of Lithuania decided to cancel the insurance brokerage company activity licence of UADBB “LIFE LT”. The decision was made on the basis of a request by the company itself. According to the Supervision Service of the Bank of Lithuania, cancellation of the licence will not have a negative impact on the interests of policyholders, insured persons and beneficiaries.
The company was instructed to return to the Bank of Lithuania the original licence issued by the Insurance Supervisory Commission of the Republic of Lithuania in 2009 within five business days.