New product from AXA MBASK
As part of an updated line of insurance products, the insurance company AXA MBASK introduced the market a new insurance product for people who travel abroad.
Today, this type of insurance is entered into the everyday practice of tourism. If customers bought a minimum benefit package, which was required by the embassy for visas, now they are increasingly insisted on a wider coverage.
Thus, the new product enables customers to choose coverage that they need, based on the value and needs.
Open Joint Stock Company AXA MBASK has been operating in the insurance market since 1992 and provides services on 25 voluntary and 4 compulsory insurance items.
Recall that in October last year, the insurance company changed the main shareholder.
The controlling interest (51%) was acquired by AXA Group (France) through its subsidiary AXA Sequros Generales, SA, De Sequros Y Reasequros (Spain). On December 7, 2010 the license of MBASK was updated at AXA MBASK in connection with the change of the company's name.
The paid-up share capital of the company now stands at 5.73 million manat.
It has a national network of 5 branches and representative offices. - 17D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review