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Another insurer gets perennial license in Azerbaijan

Another insurer gets perennial license in Azerbaijan

10 September 2009 10:37 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan-based insurance company Baku Sigorta has got a perennial license from the Ministry of Finance.

The company said insurers are to get a perennial license under the new insurance law.

Owned by Bank Respublika (51%), Baku Sigorta has been in operation since August 2007.

Its paid-in capital is AZN 800 000. The company provides 26 types of insurance services.

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