In January, the total premiums of insurance companies in the framework of compulsory insurance and disability of individuals from accidents and occupational diseases accounted for 2.5 million manat (92.1% more than a year earlier).
As Azerbaijan Insurers Association (AIA) told Turan, against this background, the level of payments reduced - 151.9 thousand manat (minus 17.5%).
Recall that services under this type of insurance valid from December 16, 2010 are provided by 3 insurance companies.
In November of the same year the Cabinet approved the corresponding rates of payments. According to the decree, all economic activities are divided into 14 levels of risk on the basis of which the size of the insurance rate is determined for employees and workers, which ranges from 0.2% to 2% depending on the risk level at the enterprise.
Under the law an insurance rate is estimated against the wages fund in the enterprise. The law provides for three types of insurance payments: monthly, one-time and extra. --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