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American insurance company opens representation in Azerbaijan

Business Materials 14 September 2010 15:26 (UTC +04:00)

Azerbaijan, Baku, Sept. 14 / Trend A. Akhundov /

The American insurance company Miracle was registered through the "single window" system in Azerbaijan in August, the Azerbaijani Taxes Ministry has announced.

Founded by Miracle Insurance and Financial Group, Inc. of the U.S., the Azerbaijan representative company completed state registration to conduct business on Aug. 10, and Azerbaijani citizen Mardan Ganiev was appointed to the company.

New York State-headquartered Miracle has more than a century of experience in the insurance market in the United States. Its annual turnover exceeds $1.6 billion.

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