The state commercial insurer Azersigorta last year collected 40,951,700 manat, which is 6.4 million (18.5%) more than in the year 2012.
Premiums for voluntary insurance were 3,795,900 manats ( minus 4.5 % per year) , for compulsory - 37,155,800 manats ( 21.5 %).
For all insurance events it paid 13,249,200 manats ( 12.5 % per year) . Here leadership was for mandatory types of insurance - AZN 11,925,100 ( 20.6 % ) and payments for voluntary insurance totaled 1,324,100 manats ( minus 29.9 %).
Azersigorta was established in 1991. By the end of 2009-2011, it was the leader in Azerbaijan in terms of premiums collected and ??insurance payments made. It is licensed to provide services on 28 voluntary and 10 compulsory insurance items.
On March 28, 2012 Azersigorta received a license for the provision of three types of compulsory insurance , including insurance of immovable property belonging to citizens .
The registered capital is 5.5 million manat . - 17D-
Economics
-
Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
-
Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
Leave a review