BAKU/29.01.14/Turan : Total premiums in the insurance market of Azerbaijan by the end of 2014 will come close to the level of 500 million manat .
As head of state said Turan Insurance Supervision Service Namik Khalilov, an engine of growth in 20% (last year collected 405.67 million manat) will be life insurance, as well as liability of vehicle owners ( CTP ) to third parties - in 2011 was collected 98 thousand in the last year - 69.21 million manat .
Increased premiums will also occur due to uniform growth in all segments , particularly in the area of insurance against accidents at work . " Labour Inspectorate under the Ministry of Social Welfare in collaboration with the Ministry of Taxes hold monthly monitoring of large employers to identify unregistered employees. And this practice gives the fruit - if in 2011 on this position was collected 18.9 million, in 2012, the premiums were 21.73 million and last year they amounted to 24.89 million manat . - 17D-
Economics
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