Insurance company AtaSigorta opened another branch , this time in the city of Lankaran. Now in possession of the insurer 5 branches and 10 representative offices, although the registry State Insurance Supervision Service lists only one branch Merkez in the center of the capital.
As stated in the press release of this structure, a new branch also offers customers a wide range of insurance products and services. According to the chairman Museyib Aliyev, further work on expanding the service network will continue.
Company AtaSigorta is a member of the Compulsory Insurance Office. The resolution for insurance activities was received in July 2004, and since September 2009 it has had a perpetual license .
The sole shareholder of the company is an investment vehicle AtaHolding. The company provides 26 types of insurance. The authorized capital is 7.6 million manat.
From January to November premiums totaled 10,815,270 manats payments - 2,184,170 manats. - 17D-
Economics
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As 2024 comes to a close, Azerbaijan finds itself at a crossroads—holding a prominent position in certain sectors of the global economy but still grappling with issues that hinder broader socioeconomic development. From energy exports to logistics corridors, the country has carved out a niche, yet cracks in its socioeconomic fabric are becoming harder to ignore. Let’s delve into the numbers and listen to expert opinions on Azerbaijan's global standing.
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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