The insurance company Mega Sigorta made another payment through participation in the Bureau of Compulsory Insurance. As stated in the company, they paid AZN 4,020 for the damage of a Honda-CRV car. "The insured event took place in the capital of Azerbaijan on the fault of the driver of the insured vehicle brand Chevrolet Malibu," the report says.
Mega Sigorta Insurance Company on March 28 was allowed to provide services within the Bureau of Compulsory Insurance.
The company provides services for three types of compulsory insurance - real estate insurance, civil liability of owners of vehicles and liability for the use of real estate.
Currently, 12 companies in Azerbaijan issue policies on compulsory insurance within the Bureau of Compulsory Insurance. Among them are AXA MBASK, Alfa Sigorta, AtaSigorta, Atesgah Sigorta, AzerSigorta, AzSigorta, Xalg Sigorta, Pasha Sigorta, Standard Insurance, Mega Sigorta, Ipek Yolu Sigorta and Azerbaycan Senaye Sigorta.
Mega Sigorta has been operating in the insurance market since 2010. Its shareholders are six individuals. The insurance company is licensed to provide services on 26 types of voluntary and 4 types of compulsory insurance. The registered capital is 10 million manat. - 17D-
Economics
-
According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
-
The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
-
Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
-
Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
Leave a review