Insurance industry in Azerbaijan predicts considerable growth this year

Azerbaijan insurance industry

The market in the Eurasian country is expected to grow by 15 to 20 percent in 2013. According to a statement that was issued by Namiq Khalilov, the head of the State Service for Insurance Control of the Azerbaijan Finance Ministry, the insurance industry in the country is expected to experience considerable growth again this year. He explained that it should grow by another 15 to 20 percent in 2013 alone. Khalilov feels that the insurance industry in Azerbaijan will continue this growth, regardless of the fact that it already…

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