OREANDA-NEWS. November 05, 2008. One of the leading insurers of Azerbaijan is finishing implementation of preliminary conditions for getting international rating, reported the press-centre of IBA.

International Insurance Company informs that audit company PricewaterhouseCoopers will give conclusion on the ICC activity report for 2008 the third year in succession.
“Availability of the audit conclusion on our balance for three years (2006, 2007 and 2008) allows us to apply to international agencies for rating.

The rating agency will be chosen through competition, and in 2009 we are going to receive international rating,” IIC said.

IIC with charter capital of AZN 8.8 million following the first three quarters of 2008 received more than AZN 15 million of premiums. The Company belongs fully to domestic banking sector leader International Bank of Azerbaijan.