LIST OF INSURANCE COMPANIES LOGOS IN AZERBAIJAN
World Insurance Companies Logos – Azerbaijan, Europe. The corporate brand is synonymous with its brand. In insurance, a logo is immediately recognizable and enables the customer to associate the company with the useful qualities such as confidence, the right price and many other vital questions to find the best assurance.
Click on the logos of the insurance companies to get a bunch of up-to-date information offering each insurer of Azerbaijan. We would like to assist you in finding the best insurance.
DIRECTORY OF TRADEMARKS OF INSURANCE COMPANIES IN AZERBAIJAN
Directory of Insurance Company Logos in Azerbaijan. Look out for the best insurance providers, based on cost, coverage, customer service and claims support. Find the insurance provider you trust. World-insurance-Companies.com. Click the graphic label to access the insurance companies.
In general, people’s health status (measured by the main indicators) has been improved in Azerbaijan since the mid-1990s.
For some indicators, trends and levels are similar to those seen in the neighboring Transcaucasian or Central Asian countries.
The evolution of life expectancy is characterized by a sharp decline in 1992-1994., still significant extent, this was caused by the armed conflict with Armenia, accompanied by the socioeconomic difficulties experienced during the transition period.
Life expectancy began beginning in 1995. Along with his Transcaucasian Neighboring Countries,Azerbaijan has one of the highest numbers of life expectancy among NIS. In 1999, it was 71.4 years.
The difference in life expectancy between men and women in Azerbaijan is lower than the average for the European region. In 1999, it was 7.1 years old, in a context of the increase in male life expectancy and a slight decreased life expectancy for women compared to with 1998.
REGULATORY REQUIREMENTS OF ENTERING THE AZERBAIJAN INSURANCE COMPANIES MARKET
The insurance market of this country is currently represented by 27 insurance companies, one re-insurance company, 174 insurance agents and seven insurance brokers providing a wide range of insurance services. The local regulator has been regularly increasing the statutory minimum requirements for share capital insurance companies (Am2 million (approx. $2.5 million)) which leaves some of them unlicensed by the regulator because of a failure to comply with the minimum share capital requirements.
Until recently there have been no well-known international players acting in the local insurance market and foreign investors in the local insurance market was limited to such institutions as a European Bank for Reconstruction and Development holding 25% of the shareholding interest in MASK, one of the leading insurance companies in this country. However, a major international insurance company has recently expressed an interest to gain one of the top-rated insurance companies.
To date, they have exposed the Insurance Law to three stages in its development in this country. The first Insurance Law came out in 1993. Later, in 1999, the Milli Majlis (National Parliament) adopted a new Law on Insurance, which remained effective for eight years until 2007. The current Law on Insurance Activity has been effective since March 16, 2008.
The new law introduced restrictions to the organisational form of insurance companies. As opposed to the previous law, the current law mandates insurance companies to establish only in open joint-stock companies which originally intended to develop a local securities market in Azerbaijan.
To operate as an insurance company, a corporation is required to get a license from an insurance regulatory authority. The Ministry of Finance of the Republic (the Ministry of Finance) performs the role of the insurance regulatory authority and maintains a publicly accessible register of insurance companies, insurance agents and brokers registered in this nation, and several foreign insurance and re-insurance companies and brokers.
From Euromoney Institutional Investor PLC.
Azerbaijan, Europe – World Insurance Companies Logos