Social Benefits Amounted to More than Half of All Insurance Compensation
In January-July for all types of insurance the companies paid 49 million 469.15 thousand manat.
Voluntary insurance claims produced AZN 41 million 84.49 thsd of payments. "Social payments" made more than half (57%) of voluntary compensation.
From this on auto insurance was paid 12.47 million manat, on LCA - 21.44 million manat (12 million more than last year), on voluntary life insurance - 1.11 million manat, on accident insurance - AZN 931.06 thsd, on property insurance against fire and other risks - 1.71 million manat, on insurance of aircraft - AZN 868.3 thsd (anti-record for all years), cargo insurance - 160.37 thousand manat, voluntary liability insurance of vehicle owners - 135.39 thousand manat.
Voluntary insurance of civil liability for the conclusion of regulations paid 7.51 thsd AZN, general liability insurance - 125.2 thousand manat and employers liability insurance - 48.65 thsd manat.
On the death of livestock, as well as on the facts of crop offset was paid 127.41 thousand manat.
Mandatory insurance generally paid on contracts 8.38 million of compensation. In particular, the compulsory insurance of servicemen paid 4.43 million manat, compulsory state insurance of judges and law enforcement - 388.36 thousand manat, and old CTP - 446.87 thousand manat.
On the items included in the list of the new tariff, the situation is this: the compulsory insurance of civil liability of vehicle owners (new CTP) paid 1.73 million manat, compulsory property insurance - 189.33 thousand manat, liability of owners of property - 54.54 thousand manat. - 17D-
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- Question-answer
- 17 August 2012 14:22
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- Economics
- 17 August 2012 15:05
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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