The insurance company AXA Mbask in January-June collected 9,113,890 manats (23.3% per year). Most - 4,895,390 manat was collected on voluntary insurance.
Within motor insurance (Hull) they collected 2,080,440, voluntary health insurance (VHI) - 1,268,020 manat property insurance against fire - 820,150 manat accidents - 234,430 manat, cargo - 205,490 manat.
Award under compulsory insurance in the first half amounted to 4,218,490 manats, including CTP - 3,974,100 manats. Rest of the amount of premiums fell on other types of voluntary and compulsory insurance.
Payments for the first half amounted to 4,461,090 manat (+ 23.2% per year). Compensation under the facts of voluntary totaled 2,764,430 manat on compulsory - 1,696,660 manats.
The insurance company AXA Mbask was established in 1992, and is among the top ten insurance companies in Azerbaijan on the volume of premiums collected. Its shareholders are AXA Seguros Generales, SA, De Seguros Y Reaseguros (84%) and individuals (16%). - 17D-
Economics
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
-
The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) hosted its biannual Members' General Meeting in Baku on December 18, 2024, gathering over 80 business representatives to reflect on the chamber’s milestones and chart a path forward.
Leave a review