Companies not paying membership due to Azerbaijan Insurers Association to be warned

Companies not paying membership due to Azerbaijan Insurers Association to be warned
# 17 September 2012 11:55 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan Insurers Association will hold meeting of Supervisory Board on September 25, said the AIA chairman Azer Aliyev.

According to him, the report of organization on January-June, sending notification to companies, who does not pay membership dues, as well issue on organization of the 3rd International Insurance Forum to be held in Baku, next summer will be discussed at the meeting.

Aliyev also noted that, membership dues during first half of this year made AZN 149,500, expenditures – AZN 127,000.

Remind that, AIA has been in operation since 2006. At present, 26 insurers are members of the organization.
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THE OPERATION IS BEING PERFORMED