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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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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