In January-July, intensified endowment insurance. Of the total 40.67 million manat life insurance premiums accounted for 18.85 million this segment. On compulsory insurance against diseases and accidents at work has received 18.99 million manat. Other life insurance sector position look like - Contract for cases of incurable diseases brought 114,780 manat, in case of deaths allocated more - 2.71 million Branch It gave almost one-fifth (17.8%) of all the local insurance market premiums collected by contracts until August 1, 228.97 million manat.
In absolute terms leading voluntary health insurance (VHI), against the background of cooperation with the state oil company, "Pasha Sigorta" has become the undisputed leader. On it collected 43.34 million manat.
For voluntary insurance of cars (Hull) they received AZN 32.42 million, mandatory liability insurance of vehicle owners to third parties (the new CTP) - 37.95 million manat with the best growth rates for property insurance against fire - 20.32 million manat, cargo insurance - 8.73 million, aircraft insurance - 5.52 million manat.
The bulk of insurance premiums fell to voluntary insurance - 148.37 million manat. Without taking into account the aforementioned positions, insurance against accidents received 5.78 million manat, voluntary insurance of civil liability of owners of aircraft charges amounted to 1.79 million manat, insurance of ships - 928,280 manat.
Voluntary insurance of civil liability of vehicle owners received 1.35 million manat, foreign travel insurance - 951,440 manat for crop insurance - 269 800, for a pet - 281,740 manat, on other types of voluntary insurance - 834,010 manat (most of the cases of fraud by employees).
Also collected were voluntary premiums for items such as general liability insurance - 2.47 million manat, employer's liability - 794,030 manat, professional liability - 519,890 manat. The remaining positions are immaterial.
For compulsory insurance they got 80.6 million manat, leading to an increase of 12 million in just one month. Of them (except for the said new CTP) for compulsory military insurance collected 10.92 million manat on compulsory state insurance court officials and law enforcement - 4.79 million manat.
On compulsory insurance of property received 7.6 million manat on compulsory insurance of liability of owners of property - 224,040 manat, insurance of passengers brought 67,630 manats (in the first quarter of the graph was not filled). - 17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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