On the local insurance market in January this year were collected 62.9 million manat of total premiums (+ 2.9% compared to January of last year.)
According to the head of Azerbaijan Insurers Association (ASA), Orkhan Bayramov, in January payments in this segment amounted to 10.3 million manat (+ 27.8%), he said.
According to him, during the reporting month for each 100 manat premiums insurers made payments in the amount of 16.4 manat, while in January 2014 this figure was 13.2 manat. On average, in Eastern Europe, on which focuses Azerbaijan, payments to premiums ratio total 30-40%. --17D-
Economics
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The Central Bank of the Republic of Azerbaijan aims to enact green bond legislation by year-end, Chairman Taleh Kazimov announced on Thursday during a roundtable discussion at Baku Climate Action Week focused on personal finance.
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Azerbaijani President Ilham Aliyev inaugurated several new enterprises and toured ongoing construction projects in the Zangilan district on Thursday, marking significant strides in the region’s post-occupation recovery.
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Azerbaijani President Ilham Aliyev on Thursday inaugurated several new enterprises and inspected ongoing construction projects in the Jabrayil district, recently liberated from occupation.
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President of Azerbaijan Ilham Aliyev has signed a decree approving a revised structure for auxiliary structural units within the country's state bodies, aiming to enhance administrative efficiency and optimize governmental functions.
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