AXA MBASK Largest Payment by CTP

The insurance company AXA MBASK has carried out an insurance payment on the occasion of compulsory insurance of civil liability of vehicle owners (CTP).

As the press service of the financial structure said, the case ended in death of a third party. Payment is made on the fact of the accident, which occurred at the track in Sheki-Gakh. The accident killed four people. Insurance payment in the amount of 20 thousand manats was paid to relatives of the victims.

Since the beginning of the year, on CTP policies the company has paid more than 500 thousand manats.

AXA MBASK is in the process of implementation of compulsory insurance in 5 regional offices, as well as in more than 70 agencies all over the country - the press-service.

Issue of insurance policies carried out online by connecting to a single information system Bureau of compulsory insurance.

For more information about the rules and fees for compulsory insurance is available at www.icbari.az.

Open Joint Stock Company AXA MBASK operating in the insurance market since 1992 and provides services in 25 voluntary and 4 compulsory insurance items.

Recall that in October 2010, the insurance company changed its main shareholder, and on 7 December of that year, its license was renewed.

Controlling stake (51%) is acquired AXA Group (France) through its subsidiary AXA Sequros Generales, SA, De Sequros Y Reasequros (Spain).

Paid-up share capital of the company now stands at 6.74 million manat. It has a national network of 5 branches and representative offices. - 17D-