The total premiums of AXAMbask last year amounted to 18 million 316.14 thousand manats (minus 4.3% to 2014).
On the voluntary insurance it collected 48.2%, or 8 million 830.27 thousand manats, which is a result of its membership in the Bureau of Compulsory Insurance. In this segment, more premiums were on Hull car insurance - 3 million 391.24 thousand manats, on voluntary medical insurance - 2 million 218.69 thousand manats, on property insurance against fire - 1 million 524.12 thousand manats. Other positions are insurance against accidents - 416.56 thousand manats and cargo insurance - 359.73 thousand manats.
On compulsory types of insurance collected for the year was 9 million 485.87 thousand manats, most of which came in the CTP.
During the reporting period the company paid on insured events 10 million 689.93 thousand manats (minus 0.3% to 2014).
JSC AXAMbask with registered capital of 19 million 733 thousand 738 manats was established in 1992, its sole shareholder is Spanish AXA Seguros Generales, SA, DeSegurosYReaseguros (subsidiary of the French AXA). - 17D-
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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