Baku will host the biggest event - 7th Azerbaijan International Insurance Forum (AIIF 2016) - in the Caucasus in the sphere of insurance on June 23-24, said the message from Azerbaijan Insurers Association.

The event will be supported by Azerbaijan's Financial Market Supervisory Authority and will bring together more than 200 representatives of insurance markets of 20 countries.

The two-day forum will discuss such issues, as "Insurance solutions in a challenging environment and new regulation methods", "New realities on the Azerbaijan insurance market - regulator's approach and forecasts", "Macroeconomic trends and their impact on the regional insurance sector", "New lines of insurance business opportunities for Azerbaijan", "Reinsurance at a glance", "Global reinsurance market trends solutions for the region in the current realities" and others.

Currently, 25 insurance and one reinsurance companies operate in Azerbaijan.