Insurance Company A-Group in the framework of the UN to comply with road safety has made the first steps. On the roads of the capital they placed road signs and billboards with the logo of the financial structure, calling not to neglect belts in cars.
A year earlier, the company was considered a purely "medical" - up to 95% of premiums were tied to the VHI. Now, however, it makes the room for Hull car insurance. According to the State Insurance Control Service, the share of voluntary health insurance in January-April amounted to 76.5% of the 2.45 million manat. In this case, property insurance, in contrast to previous years, the first time exceeded 100 thousand manats.
According to the company itself (http://www.a-group.az/az/rus/news2.php), over-year growth of car insurance amounted to almost 180%.
A-Group established in 1995 provides services for 14 types of voluntary insurance.
At the local insurance market it is the only structure chosen by the International Finance Corporation (IFC) for the implementation of the second phase of a pilot program to improve corporate governance.
Earlier this year, A-Group has once again confirmed the compliance with the international quality standard ISO 9001. - 17D-
Economics
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In late February, the governments of Pakistan and Azerbaijan are expected to sign an investment agreement worth $2 billion, which will include several projects with SOCAR (State Oil Company of Azerbaijan). According to Turan, the energy cooperation projects discussed in January in Islamabad and Baku will feature in the agreement. These projects include energy efficiency initiatives, the construction of a pipeline, and SOCAR’s plans to explore the creation of underground gas storage facilities in Pakistan, as well as documents provided by the Pakistani side related to the exploration and extraction of hydrocarbons in the country.
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Azerbaijan continues to face an acute water shortage that affects both drinking and irrigation supplies, a problem that, despite frequent media attention, remains unresolved. Farmers are particularly feeling the pressure.
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BAKU, Feb 3 (Reuters) - Representatives from Azerbaijan’s State Tax Service (STS) participated in the latest session of the working group on tax, customs, and legal issues hosted by the German-Azerbaijani Chamber of Commerce.
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The Agency for the Development of Small and Medium Enterprises (KOBİA) has issued 192 start-up certificates to entrepreneurs, approximately 50% of whom are youth, according to Orkhan Mammadov, Chairman of KOBİA. The announcement was made at the Fifth Young Entrepreneurs Forum in Baku, underscoring the government's increasing focus on fostering innovation among the nation’s young entrepreneurs.
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