Azerbaijani insurance company expands list of reinsurer-partners

Business Materials 28 July 2009 12:47 (UTC +04:00)

Azerbaijan, Baku, Jul.28 / Trend U.Ismayilova /

General Director of the Russian Reinsurance Society Open Joint Stock Company (OJSC) Andrey Polyakov met with the management of the Azerbaijani insurance company "Ata Sigorta" OJSC in Baku, the company said on July 28.

The visit aimed to establish bilateral relations in the reinsurance, the company said.

Polyakov held meetings with the chairman of the company's board of directors, the chairman of the board and the director of the general insurance department.

As a result of the meeting, they signed an agreement to establish relationships between the companies to transfer Ata Sigorta's reinsurance operations, the company said.

Ata Sigorta insurance under the Ata Holding operates on the market since 2004. The company offers 21 kinds of insurance services, five of which are mandatory. The company's paid authorized capital is 2 million manat.

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