State Insurance Commerce Company of the Azerbaijan Republic

azerbaijan had representatives of various insurance societies and companies of russia, germany, england and other states function before the october revolution in 1917 which was became a member of the russian empire. in 1921 on october 21, in the azerbaijan soviet socialist republic was established the local state insurance authority, which after several years of persistent work with the large territorial scope and reliable state guarantee of claims, has left on advanced positions among local private insurance societies created in the period of nep (new economic policy). state insurance organization of azerbaijan ssr had 80 branches in all areas of republic, including 11 agencies in districts of baku. the state insurance organization of ussr had broke-up after disintegration of ussr in 1991, and was formed the independent azerbaijan republic with new state insurance organs in the reformed states of former ussr. the state insurance commerce company was establish in 1992, on the basis o