The customers of insurance services have become more demanding of insurers.
According to a leading specialist for licensing, complaints and State Insurance Supervision Service of the Ministry of Finance of Azerbaijan Orkhan Bayramov, on the insurance Olympics, in the last six years, the number of financial claims of citizens has increased several times. "Since the beginning of this year in insurance supervision has received more than 300 complaints to the insurers. They concern not only the failure of the insurance payments and late payment. Many complaints are on the tariffs and other issues," he said.
In his view, the growing number of complaints should not be seen as an increasing amount of fraud on the part of companies, by contrast, every year the amount of compensation given short cut. Customers simply by educational projects were literate and more sensitive to their consumer rights. - 17D-
Economics
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In 2024, Azerbaijan’s wheat production reached 1,685.7 thousand tons, reflecting a sharp decline of 148.2 thousand tons compared to the previous year, according to the State Statistical Committee. Wheat productivity also fell by 8.5%, dropping from 33.8 quintals per hectare in 2023 to 30.9 quintals in 2024. These figures underscore a troubling trend for a nation that meets only 25% of its domestic wheat needs through local production.
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Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
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Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
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On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
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