The General Meeting of Azerbaijan Insurers Association (ASA) was held.

At the meeting of the General Meeting of the founders, the new composition of the Supervisory Board of the Association was formed.

According to the information provided by ASA to "APA-Economics", a report on the activities of the Association for 2022 was presented at the meeting, and information was provided on the meetings and events.

It was reported that Azerbaijan Insurers Association had exceptional services in the formation of 16% and 15% growth recorded in the insurance market in 2021 and 2022 respectively.

Both the establishment of relations between the public and private sectors and the insurance market, as well as the purposeful measures taken in the direction of insurance education and preventive measures, have played a direct role in ensuring the current growth.

At the meeting, a report was heard on the action plan and projects of ASA for 2023.

The action plan was positively received by the founders of the Association.

In accordance with the ASA charter, a new composition of the Supervisory Board of the Association of Azerbaijan Insurers was formed at the meeting.

For the first time, a life insurance company became a member of the Supervisory Board of ASA in the new composition formed on the basis of voting.

The new composition of the Supervisory Board of the Association of Azerbaijan Insurers was formed as follows:

"A-Group Insurance Company" OJSC;

"Ateshgah" Insurance Company OJSC;

"Azersigorta" State Insurance Company;

"AzRe Tekrarsıgorta" OJSC;

"AzSigorta" OJSC;

"Silk Road Insurance" OJSC;

"Gala Insurance" OJSC;

"PASHA Insurance" OJSC;

"PASHA Life Insurance" OJSC.