On November 1, members of Compulsory Insurance Bureau concluded 826,744 agreements (+6% to January-October of last year) in the framework of compulsory insurance of civil liability of vehicle owners (CTP).
Of these, approximately one-fifth (145,726 policies) fell on foreign transit vehicles, and the total volume of premiums for 10 months was 65 million AZN (+10%).
October was an average month for the insurers, according to the saturation of their business - in the framework of CTP there were concluded 80,880 contracts (for transit - 12,808) in the amount of premiums at 6.6 million manats. --17D-
Economics
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It is expected that the average Azerbaijani family will allocate a larger portion of their budget to food in 2025, driven by rising social expenditures and increased wages.
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Temporary suspension of gas supplies from Azerbaijan to Serbia will be avoided, Serbian President Aleksandar Vucic announced on Sunday.
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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