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An Azerbaijani Insurance Company Expects Structural Changes

Business Materials 10 May 2007 20:24 (UTC +04:00)

Azerbaijan, Baku/ Trend.Capital ., corr. U. Ismayilova/ Orkhan Valiyev, an Insurance Specialist and the Acting Head of the "Azerbaycan Sanaye Sighorta" Insurance Company, has said that a new Director is expected to be appointed in this Azerbaijani Company.

The Insurance Company is expecting the new appointment from founders of "Azerbaycan Sanaye Banki".

According to Mr. Valiyev, the Company will face serious structural changes after the new Chief of the Company is appointed.

Notably, for the first quarter of 2007, the insurance premiums of "Azerbaycan Sanaye Sighorta" reached AZN 0.28 mln, with the insurance payments at a rate of AZN 0.03 mln.

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