The Bureau of Compulsory Insurance (BCI) last year concluded 152 111 contracts under the compulsory insurance of real estate (+ 36.05% per year). Recall that in the country, there are about 2 million such facilities, including housing.
According to the BCI report, the total amount of premiums on the treaties was about 16 million manat (+ 23.81% per year).
Of the total number of contracts 80.38% accounted for residential units, 0.31% - for office buildings, and 19.31% - for other immovable property.
On liability insurance for real estate 4,283 contracts totaling 334 440 manat were signed last year. The rate for contracts for the year decreased by 15.15%, and for revenues - by 11.68%. Thus 2,672 agreements were concluded with legal entities, and 1,611 - with individuals. --17D-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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