Azerbaijan appeals for assistance of EBRD in insurance sector

Beybala Khankishiyev, the chief of the Insurance Control Department of the Finance Ministry of Azerbaijan, told Trend the Ministry has prepared a relevant letter.

"Text of the letter was sent to the EBRD. In parallel we plan to attract assistance of the World Bank to the insurance market of the country. In this connection we have sent a relevant letter to the WB and now are waiting for reply," Khankishiyev noted.

According to Khankishiyev, Azerbaijan asked for assistance in the development of the Law on Insurance.