Certification for Insurers
December 18 is the deadline for registration for those who wish to participate in the first professional certification examination for insurers. The exam will be held on December 20.
According to the report of the Association of professional accounting and risk (ARPA), the information contained on its website under the link: http://arpa.org.az/pss-sertifikasiyasi. Earlier, the head of the Association of Insurers of Azerbaijan (AIA) Orkhan Bayramov reported conducting special trainings conducted in their training center, in which 31 people participated.
Volunteer training sessions were conducted for two groups of standards CII (Charted Insurance Institute) and in three modules: principles, practices and legal aspects. The cost of participation in training is 280 manat and in the exam - 40 manat. ---17D-
Economics
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
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