Changes in the Board of Directors of AXA MBASK

The insurance company AXA MBASK December 9 this year will hold a general meeting of shareholders.

As reported in the announcement of the financial structure in the official newspaper, the agenda consists of a single issue - changing the composition of the Board of Directors.

Open Joint Stock Company AXA MBASK has been operating in the insurance market since 1992 and provides services in 25 voluntary and 4 compulsory insurance items.

Recall that in October 2010, the insurance company changed its main shareholder. Controlling stake (83.92 %) was acquired by AXA Group (France) through its subsidiary AXA Sequros Generales, SA, De Sequros Y Reasequros (Spain).

December 7, 2010 the license of MBASK was updated for AXA MBASK in connection with the change of the company name.

Paid-up share capital of the company now stands at 8 million 732.5 thousand manats.

It has a national network of 5 branches and representative offices.

The premiums in January -September 2013 amounted to 12,204,138 manats and the payments were 6,056,950 manats. -17D-