Certification of insurers by the Ministry of Finance (started today, 8 November) has allowed six candidates for leadership positions.
The State Insurance Supervision Service has arranged changes - they do not indicate the names of the insurance companies or the position claimed by future leaders. Here is the list of the names. Thus, the claim to leadership positions comes from Shafaq Hatamova, Ahad Rasulov, Museib Aliyev, Fuad Guliyev, Javid Murvatov and Farhad Aslanov.
Successfully completing the certification shall be the candidate with the correct answer to 70 or more of the 100 questions asked. To be fully acquainted with the terms of the exams one should go to the link http://sigorta.maliyye.gov.az/?/az/news/view/403/.
The cost of participation in the certification for individuals is 200 manats, and for legal entities it is 1,000 AZN.
Certification of insurance has been held since 2009 in accordance with the requirements of the insurance laws. -17D-
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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