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Azerbaijan to Host International Insurers Conference in Summer

Business Materials 6 May 2008 18:23 (UTC +04:00)

Azerbaijan, Baku, 6 May / Trend corr U. Ismayilova/ Azerbaijan Insurers Association (AIA) has commenced intensive work to hold the first Azerbaijan's International Insurers Conference in July, AIA chief executive Gafar Majidov said on 5 May.

According to Majidov, the conference will include world's largest insurance and re-insurance companies.

"The purpose of the conference will be to attract foreign investors, to expand the number of re-insurance companies cooperating with local companies," Majidov said.

AIA was established on 29 December 2006. The AIA supervisory board includes five insurance companies of Azerbaijan -MBASK, Standard Insurance, International Insurance Company, Azersigorta, and Ateshgah.

The Chairman of the supervisory board is Kamal Ibrahimov, Director General of Standard Insurance, and the Deputy Chairman is Jamil Malikov, Chairman of the Board of MBASK insurance company.

The correspondent can be contacted at: [email protected]

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