May 25, 2013 7:04 PM ET

Insurance

Company Overview of Alfa Insurance OJSC

Company Overview

Alfa Insurance OJSC provides insurance products for individuals and corporations in Azerbaijan. Its products include cargo, medical, property, vehicle, travel, personal accident, employer’s liability, financial risk, construction and assembling risks, electronic equipment, and transport insurance products. Alfa Insurance OJSC was formerly known as Murad Insurance Company and changed its name to Alfa Insurance OJSC in June 2005. The company was founded in 1997 and is based in Baki, Azerbaijan. Alfa Insurance OJSC operates as a subsidiary of Texnikabank ASC.

Atatürk Pros. 1107

Baki,  1069

Azerbaijan

Founded in 1997

Phone:

994 12 441 31 35

Fax:

994 12 441 35 31

www.alfa.az

Key Executives for Alfa Insurance OJSC

Alfa Insurance OJSC does not have any Key Executives recorded.

Alfa Insurance OJSC Key Developments

IBA Denies Rumors On Alfa Sigorta Acquisition

OJSC International Bank of Azerbaijan (IBA) denied reports of a possible acquisition of Alfa Insurance OJSC (Alfa Sigorta) by its subsidiary International Insurance Company Limited Liability (IIC) from Texnikabank ASC. On June 25, 2012, Jahangir Hajiyev, Chairman of Board of IBA said that the news on the acquisition Alfa Sigorta by IIC is not true. Hajiyev said, "Despite the fact that the support experts from IBA did, at the invitation of Texnikabank shareholders move there, ICC and Alfa Sigorta remain separate companies."

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