CTP premiums by the Bureau of Compulsory Insurance rose 88%

Insurance companies of the Bureau of Compulsory Insurance, from January to July, signed 498 884 contracts worth 39 million 339 thousand 203 manats.

Traditionally, the largest share (88.04%) for civil liability of vehicle owners (CTP) is 439.2 thousand contracts worth 32.4 million manat. Thanks to the propaganda raids of the State Insurance Supervision Service in April-June, the lag of this item behind the leader - compulsory insurance of immovable property - began to decline (57 213 contracts at admission of 6,695,651 manat) - 11.47% of the total, while in the first quarter this share was 5.2%.

The remaining positions are weak - the responsibility of the owner signed 2,212 contracts (175,492 manat), and insurance of passengers generated 68,060 manat on 259 contracts. - 17D-

 

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