Azerbaijani Insurance Company Changes Property Form
Azerbaijan, Baku / Trend corr. U. Ismaylova / The Azerbaijani insurance company of Kavkaz Sigorta changed its type of property form from Ltd to JSC.
Changing of the type of property the company holds is in compliance with the new bill on insurance which was discussed during the first reading of the Parliament.
Kavkaz Sigorta renders thirty-one types of insurance services, three of them are mandatory. The authorized capital of the company is AZN 1mln.