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Turkish Insurance Company Intends to Join The Azerbaijan Insurance Market

Business Materials 13 December 2007 19:50 (UTC +04:00)

Azerbaijan, Baku /corr. Trend U.Ismaylova / The Turkish broker company CNK BROKER intends to co-operate with the Azerbaijani insurance companies in re-insuring oil and energy risks, said the Company's Vice President, Jenk Babadogan.

"The Turkish company intends to join the Azerbaijan insurance market," he said. According to him, in addition to re-insurance of oil and energy risks, the company will assist in re-insuring other kinds of insurance in Azerbaijan. A total of 29 insurance companies are functioning in the Azerbaijan.

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