The absolute record among the insurance companies by number of trials was at the state structure Azersigorta - this week in relation to the case was tried on 111 claims, including non-payment of insurance claims.
Total from 10 to 14 March plaintiffs and defendants were 12 insurers. In the second place far behind the "leader" is Ateshgah with 12 hearings, and Azsigorta with 5 cases. AXA MBASK and International Insurance Company had to defend their interests in the courtroom 4 times. Standard Insurance had 3, Mega Sigorta, Garant Sigorta and Khalg Sigorta had 2 cases.
One hearing each had A Group, Revan Sigorta, Buta Sigorta and Alfa Sigorta.
As Turan commented on the situation in the State Insurance Supervision Service, the courts with the participation of businesses are normal, indicating growing interest in protecting their clients' consumer rights. "As the maturation of civic consciousness among the population number of trials will grow," noted the trend in service.
According to the Ministry of Finance in January 2014 collected premiums worth 61.13 million in insurance compensation of 8.08 million manat (13.2%). The common European standard for insurance payments is 30-40%.
Least of all customers pay for insurance claims segment of life insurance. In January, the company Pasha Hayat Sigorta received 1.69 million and paid 173,290 manat (10.3%), Ateshgah Hayat Sigorta received 7.94 million with compensation of 781,060 manat (9.8%), Gala Hayat Sigorta received 3.59 million and its payments were at zero (0 %). - 17D-
Economics
-
In a strategic move to bolster mechanisms against financial crimes and terrorism financing, Azerbaijan's Deputy Prime Minister, Samir Sharifov, has been appointed as the head of the newly restructured Coordinating Council on Counter-Terrorism Financing and Other Financial Crimes.
-
The Chairman of Azerbaijan Railways CJSC, Rovshan Rustamov, and the head of Iranian Railways, Jabbar Ali Zakeri Sardrudi, convened in Tehran during the Joint Azerbaijani–Iranian Intergovernmental Commission meeting to bolster cooperation on the Astara terminals, key nodes in the International North-South Transport Corridor (INSTC). The talks centered on enhancing the operational efficiency and strategic significance of these terminals to facilitate growing cargo volumes between the two nations.
-
Azerbaijan is accelerating its transition to green energy through the coordinated efforts of its "Green Energy Zone" task force, which recently held its latest hybrid meeting to review progress and outline future priorities. The Ministry of Energy, reporting on Wednesday’s session, emphasized the task force's central role in implementing the 2022–2026 Socio-Economic Development Strategy, a cornerstone of Azerbaijan’s ambitions for sustainable growth.
-
AzerGold, Azerbaijan’s state-owned mining company, is pursuing opportunities for strategic collaboration with Turkish firms in Africa as part of its efforts to expand its presence in the global mining sector. Recent talks between Zakir Ibrahimov, Chairman of the Board of AzerGold CJSC, and Şebnem Cenk, Head of the West and Central Africa Department at Turkey's Ministry of Foreign Affairs, highlighted the potential for a mutually beneficial partnership.
Leave a review