Bashak Inam to apply new products

Bashak Inam to apply new products
# 31 March 2011 12:16 (UTC +04:00)
Baku. ELnur Huseynguiluyev - APA-Economics. Bashak Inam will start the implementation of new project on Agriculture insurance at the end of April, company’s spokesman Hikmat Allahverdiyev told APA.

According to him, four new insurance products are planed to be applied on Agriculture Insurance project (domestic animals, domestic birds, agricultural plants and hot house insurances).

He also noted that, French Groupama and Parner Re Insurance Companies have agreed to accept the risks on reinsurance related to implementation of this project. The issue on passing of how much percent of Bashak Inam’s risks to reinsurance will be discussed in April and official agreement on this will be signed.

Note that, Bashak Inam Company has been in operation since 1996. The company operates 4 compulsory and 27 voluntary insurance types.
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