OUR HISTORY

1998

2000

2010

2015

The company was established on the 24th December 1998 as a joint venture between American International Group Inc. (AIG) the world largest insurance organization and Azerbaijani Caspian Insurance Company to service clients in Azerbaijan and Georgia. It initially operated under the name of AIG Caspian Insurance Company.
In 2000 it became 100% subsidiary of AIG.
In 2010 AIG Caspian Insurance Company was renamed to Chartis Azerbaijan Insurance Company.
In September 30, 2015 the only reinsurance company in Azerbaijan - “AzRe Reinsurance” OJSC has acquired 100 % of shares of Chartis Azerbaijan Insurance Company and the company was renamed to “Qala Insurance” Open Joint Stock Company.