Growth of Insurance Payments in 2016 Amounted to 27%

In 2016, insurance companies, members of Compulsory Insurance Bureau (CIB) concluded 996,632 contracts on compulsory insurance of motor third party liability (MTPL).

Of them 130,655 referred to cars registered in foreign countries, which crossed Azerbaijan on transit. The amount of insurance premiums for the reporting period was 79.8 million manat. In comparison with 2015 the growth in the number of insurance contracts was 3.3%, and the growth in premiums was 4.4%.

In 2016, premiums averaged 88 manat.

During the reporting period, insurance companies paid out AZN 28.8 million on compulsory MTPL insurance on the basis of 24,197 requirements. Compared to 2015, the increase in insurance payments in 2016 was by 27%.   ---71D

Leave a review

Economics

Navalnının ölümü dünyada hansı daşları tərpədəcək? – Rauf Mirqədirov Çətin sualda



InvestPro Azerbaijan Baku & Turkiye Istanbul 2024 – two conferences in one shot


Əziz Bakı şəhəri sakini!

Siz də Qlobal İqlim Dəyişmələri ilə mübarizəyə öz töhfənizi verə bilərsiniz

Dear resident of Baku city!

You too can contribute to the fight against Global Climate Change

Дорогой житель города Баку!

Вы тоже можете внести свой вклад в борьбу с глобальным изменением климата

Follow us on social networks

News Line