Turkic World Insurance Union's inaugural meeting kicks off in Shusha
The Turkic World Insurance Union has begun its inaugural Assembly in the historic city of Shusha, Azerbaijan. The three-day event, organised by the Azerbaijan Insurers Association with strategic support from the Central Bank of Azerbaijan and the Organization of Turkic States, marks the first extensive gathering of insurers from the Turkic world.
The assembly brings together financial regulators and insurance associations from Azerbaijan, Kazakhstan, Kyrgyzstan, Türkiye, Uzbekistan, and the Turkish Republic of Northern Cyprus. The highlight of the event is the signing of a joint document among these insurers, a testament to the collaborative spirit of the industry across the Turkic states.
The joint document, one of the highlights of the two panel discussions - "Regulatory Approaches in the Turkic World Insurance Industry" and "The Turkic World Insurance Union: Goals and Prospects" - is expected to outline shared goals and strategies within the Turkic World Insurance Industry.
The assembly is a significant event during the inaugural Assembly of the Turkic World Insurance Union. The signing of the joint document is a milestone that underscores the commitment of the participating countries to work together towards a common objective.
The founding assembly of the Turkish World Insurance Union was attended by representatives of the Turkish states, who signed a joint document on behalf of these states. The assembly in Shusha, Azerbaijan, is not just a gathering; it is a step towards strengthening the insurance industry across the Turkic world.
As the assembly continues, participants will delve deeper into the topics discussed during the panel discussions, aiming to find solutions that will benefit the entire industry. The Turkic World Insurance Union's inaugural Assembly in Shusha, Azerbaijan, is a testament to the power of collaboration and the shared vision of the Turkic states for a stronger and more united insurance industry.
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