The system of check for insurance contracts has been updated. According to the information of the Bureau of Compulsory Insurance (BCI), information on the status of insurance claims relating to the registration, payment, confirmation that the Bureau puts forward in relation to insurance companies - members of BCI providing services to insurance (except life insurance), can be checked out on the website http://services.isb.az.
During the first five months of 2015 the control system of insurance contracts was sent more than 640,000 requests. Participants of BCI are 15 companies.
By January 1, 2015 assets of BCI totaled 20.1 million manats (+ 36.3% to the end of the previous year). Net profit last year amounted to 4.8 million manats (+ 29.7%). Last year's earnings were at the level of 6.9 million manats, and the expenses were 2.1 million manats. --17D-
Economics
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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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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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