Insurance companies pay half as much better than last year
In January-October on all types of insurance companies have paid for $ 75 million 464.08 thousand manats, which is 40% more than last year.
For insurance claims of voluntary produced 61 million AZN 949,660 payments.
The greatest amount of compensation was in the LCA - 32.59 million manat and CASCO insurance vehicles - 18.64 million manat, voluntary life insurance paid 2.89 million manat, travel insurance - 173,850 manat.
By accident insurance paid 1.29 million manat, property insurance against fire and other risks - 2.14 million manat, insurance of waterways - 754,570 manat, aircraft insurance - 876,510 manat (anti-record for all years). Cargo insurance paid 334,070 manat, voluntary liability insurance of vehicle owners - 217,000 manat.
Voluntary insurance of civil liability for the conclusion of regulations paid 7,510 manat, general liability insurance - 128,630 manat, employer's liability insurance - 52,800 manat. Most of the positions of liability paid to owners of aircraft - 1.2 million manat.
The death and death of livestock, as well as the deaths of the crop as a whole offset 181,700 manat, on fraud employees paid an incredible amount of 618,690 manat.
Mandatory insurance generally paid on contracts 13.51 mln of compensation. In particular, the compulsory insurance of servicemen paid 6.1 million manat for mandatory state insurance judges and law enforcement - 568.27 thousand manats, the old CTP paid 560,840 manat, and for compulsory fire insurance - 381.17 thsd manat.
By species, included in the list of the new tariff, the situation is this: the compulsory insurance of civil liability of vehicle owners (new CTP) paid 4.24 million manat, compulsory property insurance - 614,260 manat. - 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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