OREANDA-NEWS. June 08, 2007. International Insurance Company OJSC (IIC), leading insurer for capitalization in the country, promotes development of agriculture in Azerbaijan, reported the press-centre of  IBA.

In the message of the company was said that IIC conducted insurance agreement with CTS-AGRO LLC and with 250 cotton-growers.

“Total insurance sum for these risks made 1904,76 thousand manat (AZN). In future we also plan the introduction of new types of insurance in other spheres of agriculture. Works of this direction have been already completed and will be presented to the population in the nearest time”, - was said in the message.
 
In 2007, the company aims to get the award on 10 million manat (AZN) level. A deal for agricultural insurance of award’s Eq. for first quarter (1,93 million AZN). The charter capital of the company is paid on 8,8 million manat (AZN) level.