Growth of Compulsory Property Insurance Market in Azerbaijan Amounted to 30%

. In August, the insurance payments under contracts of compulsory insurance of real estate amounted to 2.1 million manats, according to the Compulsory Insurance Bureau.

According to Turan, 17,445 contracts on compulsory real estate insurance were signed in August.

Compared with the same period of 2015, the amount of insurance premiums increased 30%, while the number of contracts on compulsory insurance of real estate grew 2 times. -75D-

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