JSC Ateshgah Hayat Sigorta published a report on the profits and losses according to the results of last year (https://www.ateshgah.com/site/assets/files/2775/m_nf_t_v_z_r_r_haqq_nda_hesabat_forma2.pdf).
The net reserves, according to data as of 1 January, reduced by AZN 26.9 million. The company's revenues amounted to 40.5 million manats, of which almost the entire amount was premiums.
The costs were at the level of AZN 38.22 million, of which 19.72 million was payments on insurance cases, conducting insurance activities totaled 9.26 million AZN, reinsurance made 5.42 million, and return of premiums amounted to 3 19 million AZN.
OJSC Ateshgah Hayat Sigorta with the authorized capital of 6.5 million AZN was established in 2009. The Chairman of the Board of Directors is Intigam Huseynov. The Chairman of the Board is Akbar Madatli. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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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.
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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.
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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.
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