The Azerbaijan State News Agency

ECONOMY

Azeri insurance company awarded “Ugur” prize

Baku, March 30 (AZERTAC). The Azerbaijani insurance company AXA MBASK has been awarded the national economic and business achievement award UGUR «For contribution to application of the international insurance experience in the Azerbaijani market.

This was brought about by the highlight of the Azeri insurance market being MBASK`s changing its main shareholder when the world`s largest insurance company AXA Group (France) acquired the 51 percent share parcel of MBASK via its affiliated company AXA Seguros Generales, S.A, De Seguros Y Reaseguros (Spain) in October last year.

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