Baku/05.10.17/Turan: September 2017 recorded 3,045 Green Card international insurance policies issued by the insurance companies authorized to operate within the Green Card System. 1,719 of those Green Cards were issued to motor vehicles travelling to Islamic Republic of Iran and Turkey, whereas 1,235 - to Russia, Moldova and Ukraine and 91 - to all member states of the Green Card System (except Belarus and Israel).
During the reporting period the insurance companies collected 211,174 manat of Green Card insurance premiums.
2,445 of the issued Green Cards were registered with passenger cars, 313 - trucks, 267 - trailers, 18 - buses and 2 - motorcycles.
At present, 13 insurance companies which are the participants of Azerbaijani Compulsory Insurance Bureau are entitled to operate within the Green Card System. Those are Ateshgah Insurance Company OJSC, Standard Insurance OJSC, Ata Insurance OJSC, Khalg Sigorta OJSC, Pasha Insurance OJSC, AXA MBASK OJSC, AzSigorta OJSC, State Insurance Company of Azerbaijan Republic, Mega Insurance OJSC, Silk Way Insurance OJSC, Azerbaijan Industry Insurance OJSC, Gala Insurance OJSC and Gunay Sigorta OJSC. -71D----
Finance
-
From 15 January the State Oil Company (SOCAR) will issue ‘Green Bonds’.This is reported by SOCAR.
-
On January 10, President Ilham Aliyev signed an order to dismiss Finance Minister Samir Sharifov. He had held this position since 2006.
-
The Central Bank of Azerbaijan (CBA) has changed the ‘Procedure for purchase and sale of foreign currency between the Central Bank and banks’, which it approved on 15 November 2022.
-
In 2024, the economic growth in Azerbaijan made up 4.6%; it is expected that in 2025-2026 this index will make up an average of 3%.This is stated in the UN report ‘World economic situation and prospects 2025’.
Leave a review