Russian Insurance Company Signs 35 Agreements in Azerbaijan
Azerbaijan, Baku, 4 July / corr. Trend U.Ismayilova / So far, ROSNO Azerbaijan, official representative of he Russian insurance company ROSNO in Azerbaijan, has signed 35 agreements with local companies on reinsurance, Emin Aslanov, the head of the representation, said.
"ROSNO works almost with all local insurance companies, as well as, brokers, operating at the Azerbaijan insurance market," Aslanov said.
Official office of ROSNO in Azerbaijan, which offers reinsurance service at the first stage of its activities, was registered by the Azerbaijani Finance Minister on 15 April. Allianz SE, which bought 97% of shares of the company in February 2007, is a founder of the huge Russian insurance company.
Earlier, Hannes Chopra, the President of Allianz in the Eurasian countries, said in Baku that the representation would become the company after three-year operations at the Azerbaijani market.
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