Employees of insurance companies will be trained in a special program, prepared by The Chartered Insurance Institute (CII) jointly with the Association of Professional Risk Managers of Azerbaijan (ARPA).
Speaking to reporters, the Regional Director CII Mark Greenwood said the accelerated program is designed for three quarters, while the classical studies last a year and a half.
According to him, joint activities are designed to prepare several educational programs tailored to local needs.
The initiative of the association of risk managers operating since 2009 is the establishment of an expert group on insurance matters consisting of representatives of insurance companies, the Ministry of Finance and ARPA. Training programs are developed on the basis of expert opinions. - 17D-
Economics
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
-
Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
-
Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
Leave a review