Second national competition on insurance to be held in Azerbaijan

Business Materials 19 July 2011 13:42 (UTC +04:00)

Azerbaijan, Baku, July 19 / Trend A. Akhundov /

The Azerbaijani Insurers Association plans to hold the second national competition on insurance in Baku in late September, as it announced at the last founders' meeting, the association Executive Director Azer Aliyev told Trend.

"This is a competition," Aliyev said. "The level of academic knowledge of insurers will be checked. Its goal is to develop such knowledge."

Aliyev said that the details have yet to be agreed on, but we know that the Olympics will be held in late September.

The first national competition on insurance was held in September 2010.

At present, one reinsurance and 28 insurance companies are operating in Azerbaijan.