Office of Compulsory Insurance accumulated in the accounts of banks 9 9 million manats
Since the beginning of the Office of Compulsory Insurance in the form of membership fees, security deposits, and calendar payments have accumulated 9.1 million manat.
As the first national online insurance agent's executive director Elkhan Guliyev said, the funds are placed in the form of deposits in the nine local banks with better capitalization and corporate governance.
Guliyev said that, as of December 4 (the latest data) insurance companies - participants of the Bureau paid AZN 86.25 thsd on 44 cases of damage to health by CTP.
The law "On mandatory insurance," within which the Office operates, has been in force from 16 December 2011. The Office consists of 12 insurers.
The main function of the Office is implementation and administration of compensation payments to certain financial fund, which will be made through the payment of compensation. Compensation will be made in the event of bankruptcy of insurance companies - members of the Office. - 17D-
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