The insurance company A-Group continues to maintain an individual approach to each customer in product development. This is no accident, its main profile - medical risks.
The desire to protect the neat and careful drivers who may suffer no fault of their own is a principle which is the basis of a new proposal (Surprising Offer), with which the insurer has entered the market.
For just 0.55% the insurance company's clients can protect their cars from any troubles occurred through no fault of their own (car accidents, damage, illegal actions of a third party, theft, robbery and other unforeseen events occurring with losses).
The Surprising Offer is a great opportunity to get protection and save money. This offer is sure to relieve customers from unnecessary expense and inconvenience. The advantages are high level of service, lack of deductibles, depreciation costs and evacuation, the lack of formalization in government.
Insurance company A-Group was established in 1995 and provides services for 14 types of voluntary insurance.
This is the only local insurer selected by the International Finance Corporation (IFC) in the second phase of a pilot program to improve corporate governance. Earlier this year, the company once again confirmed the compliance with the international quality standard ISO 9001.
The founders of the company are PhD, President of Medi Club Sabir Adnayev and two other individuals.
The company for many years has been a leader in the collection of premiums and payment of VHI.
The paid-up share capital of A-Group is still 4 million 719.75 thousand manats, but they have already arranged a new emission, resulting in the increase in the authorized capital to AZN 5 million 400.2 thsd later this year (+12, 6%). - 17D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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