Largest Payment by AXA MBASK

Insurance company AXA MBASK has implemented an insurance payment on the occasion of compulsory civil liability insurance of vehicle owners (new CTP).

Since the accident was fatal third party insurance payment in the amount of five thousand manats was paid to the father of the deceased driver. Payment for this type of insurance was made upon the accident that occurred on March 8 in Hussar.

Since the beginning of the year on the policy of compulsory insurance of new CTP the company has received more than 400 thousand manats.

AXA MBASK is in the process of implementation of compulsory insurance in 5 regional offices, as well as in more than 70 agencies all over the country. Insurance policies are available online by connecting to a single information system Bureau of compulsory insurance.

For more information on rules and tariffs for compulsory insurance, visit www.icbari.az.

Open Joint Stock Company AXA MBASK has been operating in the insurance market since 1992 and provides services on 25 voluntary and 4 compulsory insurance items.

In October 2010, the insurance company changed its principal shareholder, and on 7 December of that year, its license was updated.

The controlling interest (51%) was acquired AXA Group (France) through its subsidiary AXA Sequros Generales, SA, De Sequros Y Reasequros (Spain).

The paid-up share capital of the company now stands at 6.74 million manat. It has a national network of 5 branches and representative offices. - 17D-