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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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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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.
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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.
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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.
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