ANALYSIS OF THE DEVELOPMENT OF THE INSURANCE INDUSTRY IN AZERBAIJAN COMMONWEALTH

Today insurance is connected with all types of trade, industry and an important part the social structure. Insurance, combined security qualifications, also element trust. In addition, Creator funds for economic activities, capital accumulation has become a criterion ensuring improving well-being. For this reason, one most activities faced by developed countries. other words, there strong correlation between activities. Social benefits, as well benefits pension funds, are in industry. share sector GDP higher than countries The level development country greatness article theoretical bases insurance, Azerbaijan Republic examined, comparative Analysis market made. reveals that located state development. As present law, normative legal base regulating sphere activity. need to analyze separate