The members of the Union include Insurers Associations of Azerbaijan, Turkey, Kazakhstan, Uzbekistan, Kyrgyzstan, and Turkmenistan.
The Union will join forces for strengthening insurance sectors of Turkic-speaking countries through exchange of personnel, experience and information between insurance markets, establishment of a unified insurance pool, as well as the formation of reinsurance areas.
Creation of the Turkish World Insurance Union was a joint initiative of the Azerbaijan Insurers Association and the Insurance Association of Turkey, Trend said.
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