Azerbaijan Insurers Association can not collect membership fees

Azerbaijan Insurers Association can not collect membership fees Issue discussed at meeting of Supervisory Board of organization
Finance
May 10, 2018 11:24
Azerbaijan Insurers Association can not collect membership fees

Baku. 10 May. REPORT.AZ/ The meeting of the Supervisory Board of the Azerbaijani Insurers Association (ASA) has been held.

Report informs citing the ASA, Chairman of the board Mustafa Abbasbeyli, managers of insurance and reinsurance companies, attended the meeting.

The sides decided to establish Mediator Committee to deal with matters within the organization, taking into account that insurance imediators are members of the Association. At the same time, it has been also discussed that the ASA member companies did not pay their membership fees in time, and advised them to make payments in a short time suggesting that they damaged their business reputation.

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