In the insurance market of Azerbaijan outlines new trends - the second line has mastered life insurance, for which, including compulsory insurance against diseases and accidents at work, in January-March, collected 19.73 million manat.
But still it is far from voluntary health insurance (VHI), against the background of cooperation with the state oil company "Pasha Sigorta" has become the undisputed leader in the premium on the insurance market of Azerbaijan. On it collected 31 million 653.81 thousand manats. For life insurance collected 11.16 million AZN, voluntary insurance (Hull) of cars - 10.94 million, compulsory insurance against illness and accidents - 8.57 million, insurance of aircraft - 3, 68 million, mandatory liability insurance of vehicle owners to third parties (the new CTP) - 11.96 million manat.
The other species are far from these positions. In general, the amount of the insurance market of Azerbaijan (28 subsidiaries, net of reinsurance structures) until April 1 totaled 102 million 229.96 thousand manats. Growth for the year (before April 1, 2012 collected 81.64 million manat) was 20.1%.
The bulk of insurance premiums fell to voluntary insurance - 74.05 million manat. For example, insurance against accidents received a total 1.94 million manat, voluntary insurance of civil liability of owners of aircraft charges amounted to 2.44 million manat, cargo insurance - 3.23 million manat, insurance of ships - 215.85 thousand manats.
Voluntary insurance of civil liability of vehicle owners received 261.4 thousand manats, property insurance against fire - 4.93 million manat, on other types of voluntary insurance - 637.14 thousand manats (most of the cases of fraud by employees).
Insurance for foreign travel collected in the aggregate 320.44 million manat for crop insurance - 13.47 at pet - 28.89 million manat.
Collected as voluntary premium were items such as general liability insurance - 1.45 million manat, employer's liability - 150.66 thousand manats, professional liability - 236.69 thousand manats.
For compulsory insurance there was collected 28.18 million manat, leading to an increase of 7.1 million compared with the results of the previous year. Compulsory military insurance collected 3 million 266.76 thousand manats, and mandatory state insurance court officials and law enforcement - 1.99 million manat.
Compulsory insurance of property received 2.31 million manat and compulsory insurance of liability of owners of property - 81.72 million manat. - 17D -
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review