Insurance payouts for cargo in Azerbaijan have increased nearly sixfold.

In the January-July period of 2024, 4.2 million manats in insurance premiums were collected for cargo insurance in Azerbaijan. This was stated in the insurance report released by the Central Bank of Azerbaijan. According to the document, this is 15.5% more compared to the same period in 2023. During these seven months, the payouts for this type of insurance increased by 5.65 times compared to a year ago, reaching 0.4 million manats. I...

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