Azerbaijan, Baku, May 18 / Trend , U.Ismayilova/
Serious problems on the Russian insurance market in terms of the global financial crisis will start of 2010, Chairman of the Malakut Insurance Broker Board of Directors Andrey Dolgopolov said in a live broadcast of Russian TV channel Vesti.
"I think the problem of the insurance market would begin after a crisis throughout the economy", said Dolgopolov.
According to him, this situation is expected due to the fact that several insurance delayed in time. All insurers must be patience and financial means for this period, Dolgopolov added.
Malakut is operating owing to collected stocks in previous years and no recession will affect company in near future, but no growth is also expected.
"Our company is ready for this period," said Dolgopolov.
The insurance broker Malakut is Russia's largest insurance broker. The company specializes in servicing and advising corporate clients in insurance and reinsurance risks. It has a representative office in Ukraine, and Vietnam, brokerage company in Kazakhstan - SP-MALAKUT and in Azerbaijan -MALAKUT Sigorta.
The Malakut entered on Azerbaijani market in 2006 and was included in the register of foreign insurers, re-insurers and insurance brokers of Azerbaijan since April 29, 2009.
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