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Azerbaijani Insurance Company Consider Premature Introduction of Compulsory Insurance in Building and Assembly Jobs

Business Materials 15 September 2007 12:28 (UTC +04:00)

Azerbaijan, Baku / Trend corr. U.Ismaylova / Insurance of building and assembly jobs in Azerbaijan should not be compulsory, Intigam Huseynov, the chairman of the management of the Ateshgah biggest joint Russian-Azerbaijani insurance company, considers.

Introduction of compulsory insurance for building and assembly jobs cause certain tension in insurance companies, Huseynov said.

Initially, owners of vehicles did not to insure their automobiles, but presently most of them has compulsory insurance.

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