Azerbaijan, Baku / corr. Trend / The International Insurance Limited Company signed an agreement with the CTS-AGRO Limited company and 250 farmers, engaged in cotton growing. The total sum of the risk amounted to AZN 1,904,760.
The International Insurance Limited Company plans on introducing new types of insurance to other fields of agriculture in the future. The work in this direction has already been completed and the company will provide its services to these types of insurances for the population of the country in the near future.
The Company, has been functioning in Azerbaijan since 2002, it was issued a license for continuing its function in Azerbaijan on the 1st of April 2007.
The authorized capital stock of the Company made up to AZN 8mln 800,000 by the 1st of April. The Company serves 30 types of insurance services, four are compulsory.