The insurance company Ateshgah Hayat on insurance against accidents and diseases at work in the past year collected AZN 7 million 52.95 thsd. This is almost one-third (32.4%) of the total market of Azerbaijan.
All in all the company's assets last year were 16.31 million manat. For comparison - in Pasha Hayat they were 14.7 million and in Qala Hayat even less - 6.36 million manat.
Most of the premiums were collected on voluntary life insurance - 9.26 million manat.
The insurance group created in 1996 consists of Ateshgah and JSC Ateshgah Hayat.
At the end of 2012 premiums of this financial structure were 53.5 million manat and payments were 13.2 million manat.
The group of insurance companies Ateshgah provides insurance services to clients for more than 20 types of insurance. -17D-
Economics
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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