Endowment life insurance burst into the top three - local insurers collected 41 million 995.2 thousand. Yet traditionally among voluntary insurance in January-July there was leading health insurance (VHI) in which it collected 46 million 445.7 thousand manats of premiums (16.4% of the segment). The reason for this is in many corporate contracts. This segment though is under voluntary types, the insured do not represent amount and kinds of services reflected in contracts.
According to the State Insurance Supervision Service, total premiums in the voluntary are 177 million 537.55 thousand manats. The descended through the Central Bank longtime leader - Hull car insurance is 18.42 million AZN. Property insurance against fire and other risks is 18.14 million manats. Insurers of aircraft received 10.56 million manats, cargo insurance replenished the treasury at 7.07 million manats, insurance of civil liability of owners of air transport equipment - 3.4 million AZN, and other items are behind.
During the period voluntary insurance payments amounted to 79.6 million manats (+ 21.5% as of 1 August last year).
All 26 insurance companies by August 1 collected 283.15 million (+31.4 million to the same date last year). By August 1, they collectively paid 104.79 million manats. --17D-
Economics
-
The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
-
The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
-
Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
-
Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
Leave a review