The Size of Insurance Payments Rose almost 1.5 Times
In January-August for all types of insurance companies were paid 58 million 873.05 thousand manats, which is 38.4% more than last year.
Voluntary insurance payments produced 48 million 897.2 thousand manat.
The greatest amount of compensation was in VHI - 25.12 million manat and vehicle insurance - 14.35 million manat, voluntary life insurance paid 2.79 million manat, travel insurance - 132.93 thousand manat.
Accident insurance paid 1.02 million manat, property insurance against fire and other risks - 2.14 million manat, insurance of waterways - 750.46 thsd AZN, aircraft insurance - 868.3 thousand manat (anti-record for all years). Cargo insurance paid 161.57 thsd AZN and voluntary liability insurance of vehicle owners - 147.9 thousand manat.
Voluntary insurance of civil liability for the conclusion of regulations paid 7.51 thsd AZN, general liability insurance - 126.12 thousand manat, and employers' liability insurance - 49.36 thsd manats.
For the death of livestock, as well as on the facts of crop offset it was paid 157.78 thousand manat, which against other types was encouraging.
Mandatory insurance generally paid on contracts 9.98 mln of compensation. In particular, the compulsory insurance of servicemen paid 5.01 million manat, compulsory state insurance judges and law enforcement - 405.92 thousand manat, and the old CTP paid 488.12 thousand manat.
By species, included in the list of the new tariff, the situation is this: the compulsory insurance of civil liability of vehicle owners (new CTP) paid 2.51 million manat, compulsory property insurance - AZN 344.18 thsd, mandatory fire insurance - 350 .7 thousand manat. -17D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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