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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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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