Payment of CTP 12 Million AZN in H1, 2015
In January-June, the Bureau of Compulsory Insurance (BCI) within the framework of civil liability of vehicle owners to third parties paid 11 million 898.85 thousand manats (minus 6% to July 1 of last year).
According to the information of the accumulating and regulatory framework, in June the figure was 2 million 235.47 thousand manats on 1,758 cases. Most of the benefits (2 million 454 thousand manats to 1,653 insurance claims) is associated with damage to vehicles.
Sale of the insurance policy for CTP started from December 16, 2011. The sum insured under property damage amounts to 5,000 manats, with damage to the health of one person – 5,000 manats, and with a total limit per insured event – 50,000 manats.
BCI was established in the framework of the law "On compulsory types of insurance". The members of the Bureau are 15 insurance companies. Eleven of them have the right to provide CTP services. --17D-
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- Economics
- 2 July 2015 15:36
Economics
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