Bank Of Baku

Insurance company renamed in Azerbaijan

Insurance company renamed in Azerbaijan
# 05 November 2010 12:56 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. American International Group Caspian (AIG Caspian) insurance company renamed to Chartis Azerbaijan OJSC.

According to Ministry of Finance the company renamed in accordance to the decision of founders of company and was registered by the Ministry of Taxes.

At the same time the structure of company was also changed. Thus, the share capital of company was transferred from the Caravan Investment (one of the founders) to US AIG Company.


Note that AIG Caspian has been in operation since 1999. The company operates 7 voluntary insurance types.
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