The insurance company AXA Mbask became the first one in the market of Azerbaijan to gain access to the international system Green Card.
According to the information of the Bureau of Compulsory Insurance (BCI), the right to provide network services on the liability insurance of motor vehicle owners was received the day before.
This is done in accordance with article 50-2 of the law "On compulsory types of insurance", which states that for the provision of services within CTP companies have to be in the registry Green Card.
The insurance company AXA Mbask with registered capital of 19 733 738 manats has been operating since 1992. Its sole shareholder is AXA Seguros Generales, SA, De Seguros Y Reaseguros (Spain). In January-October, the company's premiums amounted to 15.14 million AZN with payments of 9.14 million AZN.
Recall from January 1, Azerbaijan will become a transit member of the Southeast Group Green Card valid for 10 years. The country's representative in the system is BCI. ---17D-
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