Azerbaijan Insurance Terms Dictionary presented

International Finance Corporation (IFC) has presented the “Azerbaijan Insurance Terms Dictionary” with Ministry of Finance and Azerbaijan Insurers Association for increase of information of mortgage market participants about insurance legislation and experiences.

According to Corporation, the dictionary was compiled by Ministry of Finance, insurance companies, Azerbaijan Insurers Association and IFC representations. 100 insurance terms have been included here.

Victor Mints, Project Manager of Primary Mortgage Market Development Project in Azerbaijan noted that, this dictionary was continuation of IFC’s efforts on increase of information of mortgage debtors in Azerbaijan.


/APA/