Since the beginning of this year, the insurance company Ateshgah Hayat, which is part of the insurance group Ateshgah, made payment for more than 20 cases in the framework of the Law of Azerbaijan Republic "On obligatory insurance against disability resulting from occupational diseases and accidents at work."
As reported in the company, 6 cases were related to disability, and the rest - to lethal outcomes of injuries in the workplace. As a result, the total payout, Ateshgah Hayat on compulsory insurance against accidents at work paid AZN 1 mln.
Currently, the company is considering more than 30 applications for compulsory insurance against accidents at work.
Along with the mandatory life insurance against disability resulting from occupational diseases and accidents at work, SC Ateshgah Hayat provides life insurance for such types as term life insurance, credit life insurance, critical illness insurance and others.
At the local insurance market are 3 companies specializing in life insurance (Ateshgah Hayat Sigorta, Pasha Hayat Sigorta and Qala Hayat Sigorta). -17D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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