AZERBAIJAN: life insurance market got a new player

1 March 2021 — Marina MAGNAVAL
Mega Life Insurance company received a license for life insurance activities. The Central Bank of Azerbaijan issued the license for the insurer for a period of five years, Trend informed according to the Central Bank.

Life insurance was launched in Azerbaijan back in 2011 and until now, four insurance companies have been working on this market: PASHA Life, Ateshgah Life, Qala Life Xalq Life.

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