Azerbaijan, Baku, Feb. 11/ Trend , U. Ismayilova/
Azerbaijani President Ilham Aliyev has approved regulations for the Finance Ministry's State Insurance Control Agency, media reported.
The agency will exercise state control over insurance activities, insure and ensure the protection of state rights and interests.
The agency will be financed by the state budget.
The agency focuses on developing and improving insurance and applying international insurance control principles