The insurance company "Mega Sigorta" after the New Year has made two large payments on cases of road accidents. Both recovery cases occurred in the car owner's responsibility to third party (CTP).
According to the press service of the structure, both cases occurred in Baku. Car brand "Ford Cargo 2526" insured in the company had damaged the car "Mercedes Benz Vito 115" in the amount of 3,620 manat.
In another case, the insured car "Volkswagen Volt" injured a passenger car brand "Mercedes Benz Vito 110D" on the estimated amount of 5260 manats.
Mega Sigorta has been operating in the insurance market since October 2010.
Its shareholders are 6 individuals.
The insurance company is licensed to provide services to 26 types of voluntary and 4 types of compulsory insurance. - 17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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