Bank Of Baku

One more insurance company issued a perpetual license in Azerbaijan

One more insurance company issued a perpetual license in Azerbaijan
# 18 November 2011 11:32 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. The State Insurance Supervision Service under the Ministry of Finance of Azerbaijan issued a perpetual license for insurance activity of AzSıgorta JSC.

The license was issued in connection with the expiration of the previously issued license.

Remind that, AzSıgorta insurance company was launched in December, 2006. At present, it operates 7 branches and more than 40 offices across the republic. The company provides services on 25 types of voluntary and 3 types of compulsory insurance. As of November 1, 2011, authorized capital of the company made AZN 9.446 mln.
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