The All-Russian Insurance Association (ARIA) and Azerbaijan Insurers Association signed a memorandum of cooperation on the initiative of the Azerbaijani side during the visit of President of ARIA Igor YURGENS to Baku, Trend reports with reference to the Azerbaijan Insurers Association.

The two authorities will expand cooperation in the field of insurance via information exchange, development of legislative and regulatory legal acts, financial and credit transactions and taxation, training of professional personnel, exchange of educational programs and methodological materials, as well as organizing business meetings, conferences, and seminars on insurance.