At the Azerbaijan Insurers Association (ASA), a meeting was held with the Chairman of the Turkish Insurance Union (TSB) Atilla Benli and the Union's Executive Director Özgür Obali.

"APA-Economics" was informed about this by ASA.

According to information, the current state of cooperation between the insurance associations of the two countries and new directions were discussed at the meeting.

ASA Executive Director Elmar Mirsalayev informed the guests about the current state of the local insurance market, the dynamics of the sector's development and the implemented projects.

TSB Chairman Atilla Benli, in turn, spoke about the innovations implemented in the insurance sector of Turkey and highly appreciated the growth trend recorded in the insurance market of Azerbaijan.

The Turkish World Insurance Union project was also widely discussed at the meeting.

The parties reached a mutual agreement regarding the discussion of the "Road Map" of the Turkish World Insurance Association and the charter to be prepared with the insurance associations of the member countries of the Association at the "International Insurance Exhibition" to be held in Antalya, Turkey, in March 2023.

It should be noted that the Association of Azerbaijan Insurers and the Insurance Union of Turkey started mutual cooperation in November 2020.

The Turkish World Insurance Union was founded in May 2022 with the participation of insurance associations of Azerbaijan, Turkey, Uzbekistan, Kazakhstan and Kyrgyzstan.