MIC Global Receives ‘In-Principle’ Approval to Establish Syndicate 5183

LONDON, Jan. 28, 2022 (GLOBE NEWSWIRE) — MIC Global has received ‘in-principle’ approval from Lloyd’s for the creation of MIC Global Insurance Syndicate in a box (Syndicate) MIC 5183. MIC Global is a pioneering insurtech providing end-to-end digital micro insurance products. The new syndicate will be managed by Asta, the leading third-party managing agent at […]


Azerbaijani oil prices down

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, declined by 67 cents on Jan. 27 compared to the previous price, settling at $93.17 per barrel, Trend reports referring to the source from the country’s oil and gas market. The price of Azeri LT FOB Ceyhan on Jan. 27 amounted to $92.3 […]


Azerbaijan Entrepreneurship Dev’t Fund talks soft loans for 2022

The Azerbaijan Entrepreneurship Development Fund plans to allocate soft loans worth 140 million manat ($82.3 million) in 2022 for the implementation of 1,902 projects, the fund’s acting board chairman Osman Khaliyev said at a briefing following the results of 2021, Trend reports. “In early 2021, the strategic plan for the activities of the Entrepreneurship Development Fund for […]