BAKU/16.12.13/Turan : BAKU/22.11.13/TURAN : Azerbaijani insurance companies in January - October collected 22 million 984.41 thousand manats ( 9.5 % compared with the previous year ) for compulsory insurance and disability individuals from accidents and occupational diseases .
According to the information of the State Insurance Supervision Service of the Ministry of Finance AR , payments on this type of insurance amounted to 1 million 128.21 thousand ( 2.1 %).
Payout ratio and a 4.91% premium - that is , companies are hoarding capital exclusively , ignoring the interests of customers. Services in Azerbaijan on this type of insurance are provided by 3 insurance companies. - 17D-
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review