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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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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