According to the Bureau of Compulsory Insurance, 5,268 contracts in the framework of compulsory insurance of property were signed in October (minus 38% to October last year). These policies generated 1.3 million manats (minus 6%).
Within the framework of compulsory insurance of civil liability in the operation of real estate in the last month there were only concluded 343 agreements on the background of the voids in the legislation, and there was collected only 18.75 thousand manats.
"In October, 56% of insurance policies were for housing, 2% - office buildings, and 42% - other types of real estate," said the Bureau.
Also in October, there were concluded 34 contracts on compulsory insurance of passengers in the amount of 6,898 manats. --17D-
Economics
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Azerbaijani state power company Azerenerji, SOCAR Trading, and Italy's Ansaldo Energia have signed a trilateral agreement on carbon credits, Azerenerji announced on Friday.
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The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
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French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
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Azerbaijan's Ministry of Energy, China Energy Overseas Investment Co. Ltd., and SOCAR Green LLC have signed an agreement to implement a 160 MW solar power project in the Fizuli district, Economy Minister Mikayil Jabbarov announced on social media on Wednesday.
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